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British Typhoon Aircraft’s Canopy Jettisoned after Suspected Bird Strike
An XI (F) Squadron Typhoon canopy was jettisoned mid-flight after a suspected bird strike, prompting an investigation.
British Typhoon Aircraft’s Canopy Jettisoned after Suspected Bird Strike
An XI (F) Squadron Typhoon canopy was jettisoned mid-flight after a suspected bird strike, prompting an investigation.
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Hertz eyes bankruptcy exit through $4.2 billion stake sale · The One Hot News
In a deal to jettison itself from under bankruptcy protection, Hertz said Tuesday that it may sell a controlling stake in the company to two investment firms for $4.2 billion. Hertz was among the first major corporations to be felled by the pandemic last year as infections surged and shut down travel on a global scale for both companies and vacationers. Hertz, based in Estero, Florida, said the proposed investment, combined with a new $1 billion first-lien financing, a new $1.5 billion revolving credit facility, and a new asset-backed securitization facility to finance its U.S. vehicle fleet, will provide the funding needed for the company to complete its restructuring and emerge from Chapter 11 bankruptcy protection in early to mid summer.