ACT I – Could this be a growth-enabling capital infusion necessity?
Earlier this week, Jean-François Fallacher, the newly anointed high priest of the Church of Eutelsat Group, declared, in front of a captive airshow congregation, without a hint of irony, that all is splendid. Because when your ship is cruising smoothly through golden profitability, what better time to bring up the completely unrelated notion of insolvency?
That’s not desperation you hear; it’s just a CEO gallantly “correcting” people who have eyes, calculators, and basic reading comprehension. One might wonder: if things are going so splendidly, why are you trying to reframe the problem like a third-rate PR spin doctor defending a doomed school musical?
