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Article from TNU JULY 2024

Global Airlines update

Travel News Update continues to keep a close eye on Global Airlines, the startup which now has its first Airbus A380 delivered to Glasgow Prestwick Airport.

The Global livery has started to be applied and plans for the interior refurbishment are progressing. The next stage of maintenance work is due to commence in the coming weeks.  This will take the airline a step closer towards launching passenger flights in 2025.

On the vital “paperwork” side of things Global has partnered Orrick, Herrington & Sutcliffe, a tech-focused global law firm that specialises in working with companies in the technology and innovation, energy and infrastructure and financial sectors, as a strategic legal advisor to support its investment strategy and capital requirements.

James Asquith, CEO and Founder, Global Airlines, commented on the arrangement: “We have continuously set out to work with the best in class in their sectors and that’s exactly what we’ve done with Orrick.

“Their strategic advice, input and networks will be invaluable to us as we build a business that operates to the highest possible standards. Since our flight across the Atlantic, appetite from large funds and institutional investors has never been higher and Orrick is well placed to support us as we build for the future”.

Orrick claims to be the most active venture capital firm in Europe and in 2023 helped clients raise $37 billion globally.

www.globalairlines.com

www.orrick.com

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