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Supply Chain Dive | February 25, 2020
UPS is set to expand its facilities at the Memphis International Airport in Tennessee, a $216 million project the Airport Authority greenlighted late last week, according to multiple reports. The expansion, which marks the sixth amendment in the 23-year-old lease agreement, adds 1.1 million square feet of land to the 5.9 million square feet it already leases from the airport. UPS will reportedly use the space for facility support and trailer parking....
DEFENSE AND SPACE
Electra Aero | June 09, 2022
Electra.aero, Inc. a next-gen aerospace company with a mission to help decarbonize aviation and open new air transportation markets, announced today that it has acquired California-based Airflow.aero, Inc. The transaction, which closed on June 2, creates a powerful addition to the rapidly emerging advanced air mobility market. The announcement was made at the UP.Summit, an annual gathering of leaders in transportation innovation hosted by investment firm UP.Partners.
Both Electra ...
Spirit AeroSystems | January 15, 2021
The Export-Import Bank of the United States has consented to ensure two financing bargains that will give $125 million to help aerospace work at GE Aviation and Spirit AeroSystems.
One of the deals is proposed to infuse liquidity into the striving US aerospace supply chain, while the other will help Australian airline Qantas buy seven GE motors, says the bank.
The ensures will "support" some 500 US occupations and help the "hard-hit aviation" are...
Sabre Corporation | June 21, 2022
Sabre Corporation a leading software and technology provider that powers the global travel industry, announced an enhanced relationship with Cathay Pacific Airways, which will give Sabre-connected travel agencies globally the ability to access dynamic New Distribution Capability (NDC) content from Cathay Pacific through the Sabre travel marketplace.
The latest deal gives Sabre extra traction on its NDC roadmap while creating additional modern airline retailing opportunities ...
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