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Sun Country Secures $75 Million Revolving Credit Facility to Boost Financial Flexibility

Sun Country Airlines, a US-based airline, has entered into a significant financial agreement by establishing a four-year $75 million Revolving Credit Facility. This strategic financial arrangement involves major financial institutions including UMB Bank from the US, MUFG Bank, and Sumitomo Mitsui Banking both from Japan, serving as the primary lenders.

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DHL CEO Tobias Meyer Confirms No Fleet Changes Amid Trade Tensions

DHL‘s CEO, Tobias Meyer, has confirmed that the company does not foresee any changes to its fleet in the near future, despite the escalating trade wars that could potentially impact global demand. This statement comes amid concerns that international trade tensions might lead to reduced cargo volumes.