British Airways said Friday that it plans to raise £600 million ($985 million) in cash "to ensure it has strong liquidity" to enable it to manage through "the current difficult trading conditions." CEO Willie Walsh, who has said several times recently that the airline is in a "fight for survival" (ATWOnline, July 15), told reporters that the increased liquidity "puts to bed any suggestion that BA is in any sort of risk short term." The carrier said in a statement that it has launched a ...

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