Air Moana lands €17M to fuel airline growth

What's the deal? Air MoanaDealroom has a profile for this one. Try Dealroom → has confirmed a €17 million (roughly $19.8 million) investment raise, according to CAPADealroom has a profile for this one. Try Dealroom →. The round is a growth equity round.

What's the endgame? The fresh capital is set to support the carrier's expansion. Beyond the confirmed amount and round type, further details on investors and valuation were not disclosed.

The signal: The raise underscores continued investor appetite for regional aviation players seeking to scale beyond their home markets.

Read more: centreforaviation.com

Image credit: Stilgherrian