Eos Airlines said it agreed to a term sheet outlining terms on which the all-business-class carrier will secure an additional $50 million in capital from an unidentified current investor. Transaction is expected to close May 1. "When we closed on our last round of financing, we were clear that we would need to raise additional capital. Our success, in the face of this extremely challenging economic and credit environment, shows that investors continue to be enthusiastic about our business ...

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