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UNITED LEVERAGES MILEAGEPLUS PROGRAM FOR $5 BILLION IN LIQUIDITY

United Airlines | June 15, 2020

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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 ...

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COMMERCIAL AVIATION

VAH ANNOUNCES CLOSING OF $500 MILLION WAREHOUSE FACILITY

Voyager Aviation Holdings, LLC | February 28, 2022

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Voyager Aviation Holdings, LLC (“VAH”), a global full-service aircraft asset lessor and manager, announced the closing of a five-year senior secured warehouse facility with an initial committed amount of $500 million (“the Facility”). Citibank, N.A. (“Citi”) acted as Global Coordinator and Co-Structuring Agent alongside Credit Suisse Securities (USA) LLC (“Credit Suisse”) as Co-Structuring Agent. Citi and Credit Suisse both acted as ...

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DEFENSE AND SPACE

BAE SYSTEMS PROVIDES ENHANCED GPS TECHNOLOGY FOR F-15 EAGLE FIGHTERS

BAE Systems | September 09, 2022

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BAE Systems has received a $13 million contract for advanced Global Positioning System (GPS) technology to protect U.S. F-15E aircraft from GPS signal jamming and spoofing. The company’s Digital GPS Anti-jam Receiver (DIGAR) will ensure the reliability of military GPS systems for aircraft operating in challenging signal environments.DIGAR uses advanced antenna electronics, high-performance signal-processing, and digital beamforming – a capability that combines 16 steered beams &ndash...

Read More

COMMERCIAL AVIATION

AERADVISE GROUP DEBUTS LANDMARK EUROPEAN HEADQUARTERS BESIDE DUBLIN INTERNATIONAL AIRPORT IRELAND

AerAdvise Group | March 01, 2022

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AerAdvise Group Debuts Landmark European Headquarters beside Dublin International Airport Ireland. The new AerAdvise European Headquarters are located at the 2nd Floor, No.1 Northwood Avenue, Dublin, Ireland. "The decision to relocate comes as part of the company's ambitious 5 year growth strategy in Ireland providing specialist services to the international aviation markets. This move is a very pivotal start to the New year for us and highlights a solid com...

Read More
news image

UNITED LEVERAGES MILEAGEPLUS PROGRAM FOR $5 BILLION IN LIQUIDITY

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 ...

Read More
news image

COMMERCIAL AVIATION

VAH ANNOUNCES CLOSING OF $500 MILLION WAREHOUSE FACILITY

Voyager Aviation Holdings, LLC | February 28, 2022

Voyager Aviation Holdings, LLC (“VAH”), a global full-service aircraft asset lessor and manager, announced the closing of a five-year senior secured warehouse facility with an initial committed amount of $500 million (“the Facility”). Citibank, N.A. (“Citi”) acted as Global Coordinator and Co-Structuring Agent alongside Credit Suisse Securities (USA) LLC (“Credit Suisse”) as Co-Structuring Agent. Citi and Credit Suisse both acted as ...

Read More
news image

DEFENSE AND SPACE

BAE SYSTEMS PROVIDES ENHANCED GPS TECHNOLOGY FOR F-15 EAGLE FIGHTERS

BAE Systems | September 09, 2022

BAE Systems has received a $13 million contract for advanced Global Positioning System (GPS) technology to protect U.S. F-15E aircraft from GPS signal jamming and spoofing. The company’s Digital GPS Anti-jam Receiver (DIGAR) will ensure the reliability of military GPS systems for aircraft operating in challenging signal environments.DIGAR uses advanced antenna electronics, high-performance signal-processing, and digital beamforming – a capability that combines 16 steered beams &ndash...

Read More
news image

COMMERCIAL AVIATION

AERADVISE GROUP DEBUTS LANDMARK EUROPEAN HEADQUARTERS BESIDE DUBLIN INTERNATIONAL AIRPORT IRELAND

AerAdvise Group | March 01, 2022

AerAdvise Group Debuts Landmark European Headquarters beside Dublin International Airport Ireland. The new AerAdvise European Headquarters are located at the 2nd Floor, No.1 Northwood Avenue, Dublin, Ireland. "The decision to relocate comes as part of the company's ambitious 5 year growth strategy in Ireland providing specialist services to the international aviation markets. This move is a very pivotal start to the New year for us and highlights a solid com...

Read More