Olathe, Kansas, September 6, 2023, PR Newswire – Garmin (NYSE: GRMN), the world’s most innovative and recognized marine electronics manufacturer, today announced the addition of two radars to the magnetron lineup, the GMR™ xHD3/HD3 dome radar series. These new radars provide high-definition imaging and the latest platform technology to give boaters, sailors and anglers extra peace of mind on the water.
Now available in an 18” or 24” model, the xHD3 dome radar series adds new premium features for maximum clarity and awareness on the water:
Scan Averaging – a first for Garmin magnetron dome radar – to help filter sea clutter and interference, delivering a clearer display.
Target Size optimizes on-screen object shapes at all range scales through pulse expansion and angular processing.
True Echo Trails shows a historical “trail” of boats on the water, removing relative motion influence to help quickly identify moving targets and potential collision threats.
Rotation Speed up to 60 rpm to improve the redraw rate for faster target updates on a multifunction display (MFD).
GPSMAP 923xsv and GMR 18 HD3 Dome Radar Product Renders
Olathe, Kansas, August 7, 2023, PR Newswire – Garmin Ltd. (NYSE: GRMN), today announced it has entered into a definitive agreement to acquire JL Audio, a privately-held U.S. company that designs and manufactures audio solutions for marine, aftermarket automotive, powersports, home and RV customers.
With over four decades of experience, JL Audio offers premium audio products and accessories, including speakers, amplifiers, subwoofers and other audio components.
JL Audio is headquartered in Miramar, Fla., and employs more than 600 associates. The completion of this acquisition is expected to occur by the end of 2023 and is subject to customary regulatory approvals and closing conditions. All existing JL Audio products will continue to be supported post-closing, and customers can expect to continue receiving the same great customer service. Financial terms of the acquisition will not be disclosed.
BOGOTA, Colombia, July 22, 2019 /PRNewswire/ — Avianca Holdings S.A. (NYSE: AVH) today announced that, in connection with its previously announced re-profiling plan for its capital structure, the company has temporarily deferred payments on certain long-term leases and on payment of principal on certain loan obligations. Avianca Holdings has engaged in discussions with its main strategic lenders and other creditors to establish terms that will preserve current liquidity levels and enable Avianca Holdings to advance its re-profiling plan, which is aimed at strengthening the company’s financial position. Over the last two weeks, members of Avianca Holdings’ senior management team have met with more than 50 of Avianca Holdings’ strategic lenders and other creditors with the objective of reaching an agreement on the terms and conditions of the proposed deferrals. Importantly, obligations related to Avianca Holdings’ day-to-day operations remain current, and such operations, including flight schedules and other ordinary course operations, will remain unaffected.
Avianca Holdings affirms that it is current on all existing interest obligations and that Avianca Holdings actively seeks to arrive at a mutually satisfactory agreement with its strategic lenders and other creditors for a short-term deferral of principal amortization payments, as well as extensions of its credit facilities. Avianca Holdings intends to resume scheduled principal payments once these agreements have been successfully reached, as Avianca Holdings’ proposal is for all creditors to be paid in full, including principal and interest.
In connection with its re-profiling program, Avianca Holdings today made a separate announcement regarding an exchange offer for its outstanding 8.375% Senior Notes due 2020. Avianca Holdings is current on its interest obligations with respect to its outstanding senior notes and is not otherwise in default on its outstanding 2020 Senior Notes.
Avianca Holdings has the full support in this decision of its Board of Directors. Since May 24, 2019, Kingsland Holdings, through its ownership of ordinary shares of Avianca Holdings and authority to vote the ordinary shares of Avianca Holdings owned by BRW Aviation LLC, has effective control of Avianca Holdings. As previously announced, United Airlines and Kingsland Holdings have indicated that they would be willing to offer new financing to Avianca, if required and requested, of up to $250 million, provided that certain commitments are assumed by other interested parties.
With the announced temporary suspension of principal payments, as well as the previously announced proposed financing by United Airlines and Kingsland Holdings, and the continued implementation of Avianca Holdings’ 2021 transformation plan, Avianca Holdings expects to strengthen its cash balances in the near future, at which time, Avianca Holdings will resume normal payment of its obligations. Furthermore, Avianca Holdings has stated that the outstanding 2019 Colombian Peso-denominated corporate bond issued by Aerovías del Continente Americano – Avianca S.A. is not part of the deferral program and that such bond will be paid in accordance with its terms.
About Avianca Holdings Avianca is the commercial brand that identifies the passenger, cargo transportation airlines and on ground services integrated in the Company with a team of more than 21,000 employees. The terms “Avianca Holdings” or “the Company” refer to the consolidated entity. The original source-language text of this announcement is the official, authoritative version, Translations are provided as an accommodation only, and should be cross-referenced with the source-language text, which is the only version of the text intended to have legal effect.
CHICAGO, Nov. 14, 2018 /PRNewswire/ — United Airlines today announced it will operate its newest Boeing 787-10 Dreamliner on six trans-Atlantic routes from its New York/Newark hub beginning in March 2019. United was the first North American airline to take delivery of the 787-10, and is also the first airline in the world to have the entire family of Boeing’s 787-8, 787-9 and 787-10 Dreamliners in its fleet. United’s 787-10 features 44 United Polaris® business class seats, 21 United® Premium Plus seats, 54 Economy Plus seats and 199 standard Economy seats. Tickets will be available for purchase on Dec. 3, for travel beginning March 30.
“United is proud to offer more seats between New York and Europe than any other carrier and our Boeing 787-10 aircraft based in New York/Newark will enable us to connect even more New York City customers to Europe and beyond,” said Patrick Quayle, United’s Vice President of International Network. “We are thrilled to announce six international cities that will be served with this aircraft and we look forward to offering our customers all of the comforts and services of our most advanced aircraft.”
Offering more service than any other U.S. airline from New York to Germany and Israel, United currently offers daily nonstop service to Frankfurt and twice-daily nonstop service to Tel Aviv. United also operates daily service from New York/Newark to Barcelona, Brussels, Dublin and Paris.
Investing in customer-friendly advancements onboard
In addition to United’s signature all aisle access Polaris business class and United Premium Plus seats, United is investing in several customer-friendly advancements onboard. The aircraft features updated lighting patterns that mimic sunrise and sunset and are designed to help customers in each cabin fall asleep and wake up more adjusted to new time zones. A brand new seatback entertainment system is also available at every seat, which includes:
Split screen capabilities allowing customers to watch a movie and view the flight map simultaneously.
A relax mode for customers who want to customize a selection of soothing videos and relaxing audio playlists.
The world’s most extensive suite of accessibility features on a seatback entertainment system, which accommodates any level of vision, as well as provides support for customers with hearing and mobility issues.
Movie and television recommendations based on remaining flight time and previously watched content.
United previously announced its first 787-10 aircraft will begin operating between New York/Newark and Los Angeles and San Francisco in January 2019.
The Boeing 787-10 is 18 feet longer than the 787-9 and can carry more passengers and more cargo. The -10 aircraft can fly up to 6,430 nautical miles, while using 20 percent less fuel than older generation airplanes. United currently operates 25 787-9 and 12 787-8 Dreamliner aircraft. The airline expects to take delivery of 14 787-10 aircraft over the next two years. For more information on United’s 787-10, and other fleet updates visit United’s Fleet Newsroom.
About United
United Airlines and United Express operate approximately 4,700 flights a day to 356 airports across five continents. In 2017, United and United Express operated more than 1.6 million flights carrying more than 148 million customers. United is proud to have the world’s most comprehensive route network, including U.S. mainland hubs in Chicago, Denver, Houston, Los Angeles, Newark/New York, San Francisco and Washington, D.C. United operates 760 mainline aircraft and the airline’s United Express carriers operate 546 regional aircraft. The airline is a founding member of Star Alliance, which provides service to 193 countries via 28 member airlines. For more information, visit united.com, follow @United on Twitter or connect on Facebook. The common stock of United’s parent, United Continental Holdings, Inc., is traded on the Nasdaq under the symbol “UAL”.
SOURCE United Airlines
For further information: United Airlines Worldwide Media Relations, +1-872-825-8640, media.relations@united.com
