"They have retained a financial adviser and are planning to raise equity."
The company is also seeking to raise new equity from its current shareholders.
While at Prudential, he specialized in raising equity within the media and entertainment industry.
"We didn't think we'd be able to raise equity against the risk of a launch."
The plan included increased ability to borrow from the government, offered assistance in raising equity, and a statement of support for international efforts.
Therefore, he added, the airline could lease out the planes at higher values and raise equity.
However, raising equity can be a costly and time-consuming process.
I'd like to find a way to raise equity without them, but I can't rule anything out.
Eurotunnel has already been forced to raise additional equity once, in 1990.
In 1997, the company raised private equity to expand.