Africair, Inc.

Boeing | May 19, 2020

Boeing received two contracts on May 13 covering two variants from the AGM-84 missile family. The larger of the two contracts covers the supply of 650 AGM-84K Standoff Land Attack Missile Expanded Response (SLAM ER) for the Royal Saudi ...

Aviation Technology

Boeing | January 27, 2022

Boeing [NYSE: BA] and China Airlines today announced the Taiwan flag carrier has ordered four 777 Freighters, adding to its extensive fleet of Boeing airplanes. Valued at $1.4 billion at list prices, the order will enable the airline to capture new market opportunities as global air cargo demand continues to grow. "The 777 Freighter has played a critical role in our efforts to maintain profitability during the pandemic, and these additional airplanes will be an ...

Business Aviation

Precision Aviation Group | August 24, 2022

GenNx360 Capital Partners ("GenNx360") announced today that its portfolio company, Atlanta-based Precision Aviation Group, Inc. ("PAG"), a leading provider of products and value-added services to the aerospace and defense industries, has entered into a definitive agreement to acquire PTB Group (PTB). PTB is listed on the Australian Securities Exchange (ASX: PTB) and the transaction is currently scheduled to close in the 4th quarter of 2022, post receiving required share...

United Airlines | June 15, 2020

United Airlines today announced that it plans on using its MileagePlus frequent flyer program as collateral to secure a $5-billion loan, which would enable the company to boast an expected $17 billion in total liquidity by the end of 2020’s third quarter. This figure also factors in an anticipated $4.5 billion to be made available to the carrier through the U.S. government’s ‘Coronavirus Aid, Relief, and Economic Security Act’ (CARES Act) Loan Program, for ...