NEXA Capital’s NextGen fund, set up to help U.S. airlines pay for upgrades that will reap benefits from FAA’s satellite-based air traffic management (ATM) system, is in advanced talks with three airlines and expects to announce at least one customer by mid-year, says NEXA Capital Partners Managing Director and CEO Michael Dyment. The upgrades, required to meet FAA’s goal of transitioning to a more efficient system over the next decade, have been a tough sell for operators. Speaking at ...

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