TripActions Secures $400M in Credit Facilities for Liquid Expansion

 

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December 09, 2022 TripActions Secures $400M in Credit Facilities for Liquid Expansion By Michael B. Baker TripActions has secured $400 million in credit facilities, which it said it will use to accelerate customer growth, particularly with its payment and expense management platform Liquid, the company announced Thursday. The company claims Q3 spend volume in Liquid was up more than five times year over year. Keep Reading IATA: SAF Production at Least Tripled in 2022 The International Air Transport Association estimates sustainable aviation fuel production to reach at least 300 million liters in 2022, about triple the 100 million liters produced in 2021. Keep Reading Air Canada to Add More NYC Service Air Canada in 2023 will launch new service between New York's John F. Kennedy International Airport and each Montreal and Toronto. Keep Reading Air Canada, Emirates to Offer Reciprocal Loyalty Benefits About a month after launching a new codeshare agreement, Air Canada and Emirates have added reciprocal loyalty program benefits. Keep Reading CTM to Bring 1000 Mile Consultant Network to U.S. Corporate Travel Management is expanding operations of Australia-based 1000 Mile Travel Group, its host agency business, into the U.S., the TMC announced. Keep Reading 85.5% IATA's projected 2023 global air passenger demand as a share of 2019 demand, as measured in revenue passenger kilometers. Check It Out 301 Route 17 North, Suite 1150 Rutherford, New Jersey, USA 07070

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