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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 ...
COMMERCIAL AVIATION
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 ...
DEFENSE AND SPACE
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...
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...
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