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 ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "NextGen Equipage Fund Expects To Unveil First Airline Customer Mid-Year".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.