Sidley Austin LLP advised United Airlines on the deal.
United Airlines launched a new, corporate venture fund – United Airlines Ventures – that will allow the airline to continue investing in emerging companies that have the potential to influence the future of travel. The new fund will concentrate on sustainability concepts that will complement United’s goal of net zero emissions by 2050 – without relying on traditional carbon offsets – as well as revolutionary aerospace developments and innovative technologies that are expected to create value for customers and United’s operation.
Through United Airlines Ventures, United will continue to forge a new path by accelerating the growth of small- to medium-sized companies with strong potential.
United’s current Vice President of Corporate Development and Investor Relations, Michael Leskinen, will assume the role of President of United Airlines Ventures in addition to his current responsibilities.
The Sidley team included: Kevin Lewis (Picture), Sandi Knox, Rob Carlson, Josh Thompson, Suresh Advani, David Kreisler, Brian Kaplowitz, Anika Hermann Bargfrede and Matthew Johnson.
Involved fees earner: Suresh Advani – Sidley Austin LLP; Rob Carlson – Sidley Austin LLP; Anika Hermann Bargfrede – Sidley Austin LLP; Matthew Johnson – Sidley Austin LLP; Brian Kaplowitz – Sidley Austin LLP; Sandi Knox – Sidley Austin LLP; David Kreisler – Sidley Austin LLP; Kevin Lewis – Sidley Austin LLP; Joshua Thompson – Sidley Austin LLP;
Law Firms: Sidley Austin LLP;
Clients: United Airlines;