Airlines + Airports
The Company had $3.7 billion of corporate debt outstanding as of December 31, 2022, which excluded $2.zero billion of non-recourse debt associated to its securitized notes receivables portfolio. At the end of the fourth quarter, the Company had $1.6 billion of liquidity in money and money equivalents and revolving credit score facility availability. Fourth quarter Adjusted EBITDA was $57 million in comparison with $62 million within the prior 12 months because of the income decrease, partially offset by cost savings. Fourth quarter Adjusted EBITDA was $186 million in comparability Travel & Leasuire News with $184 million within the prior year interval. Vacation Ownership income elevated 5% to $737 million within the fourth quarter of 2022 in comparison with the identical interval within the prior 12 months. In the fourth quarter, Gross VOI sales were $521 million compared to $432 million in the prior 12 months interval and excursions had been …