Asia-Pacific Aerospace Briefs Today
April 8th 2025
Today’s briefs report news from BOC Aviation, NEC Corporation and SITA. Read More »
BOC Aviation has completed a US$1.5 billion loan facility with 21 international banks. The funds will be used for general working capital purposes, capital expenditure and the refinancing of existing debt. The facility’s size exceeded the company’s previous US$1.35 billion term loan signed in October 2023. “The term loan, which was oversubscribed, demonstrates the banking market’s confidence in the company’s credit and strong financial performance,” BOC Aviation head of treasury, Chan Mui Sin, said.
SITA and NEC Corporation will together accelerate the adoption of digital identity technology in the travel industry through real-time digital identity verification and a standardized framework for secure identity exchange.
