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Eos secures $50 million in funding

Eos Airlines, the all-business-class carrier operating between London Stansted and New York JFK, yesterday announced that it secured an additional $50 million in equity capital "from institutional and private sources," with one investor accounting for $35 million. President and CEO Jack Williams said the investment "enables us to continue growing to a scale that will lead to strong corporate profitability" and ensures the delivery of a fifth and sixth 757-200ER in the next five months. A fourth 48-seat aircraft will enter service in September.

Eos Airlines, the all-business-class carrier operating between London Stansted and New York JFK, yesterday announced that it secured an additional $50 million in equity capital "from institutional and private sources," with one investor accounting for $35 million. President and CEO Jack Williams said the investment "enables us to continue growing to a scale that will lead to strong corporate profitability" and ensures the delivery of a fifth and sixth 757-200ER in the next five months. A ...

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