Aergo Capital prices $585 million senior notes

Aergo Capital prices $585 million senior notes

Dublin lessor Aergo Capital has announced the pricing of $584.839 million of secured notes by METAL 2017-1 Limited. Two companies, METAL USA and METAL CAYMAN, will use the notes to acquire a portfolio of 26 aircraft from Aergo – comprising

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Airbus takes majority stake in C Series programme

Airbus takes majority stake in C Series programme

Airbus has acquired a majority stake in Bombardier’s C Series aircraft division. The French manufacturer will acquire a 50.01% interest in the C Series Aircraft Limited Partnership (CSLAP) – the operator of Bombardier’s C Series programme – at no cost

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Monarch files for insolvency

Monarch files for insolvency

Monarch Airlines has collapsed, filing for insolvency and leaving roughly 110,000 customers flightless at the whim of replacement flights arranged by the Civil Aviation Authority (CAA). Chris Grayling, Transport Secretary told press that this will be the “biggest peacetime repatriation”

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