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Posts From Alex Baldwin

US rules against Bombardier

US rules against Bombardier

The US Department of Commerce has ruled against Bombardier for selling C Series Jets to US operators below standard sale value. This ruling stems from an antidumping and countervailing duty investigation into Bombardier that was launched in May. The commerce

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Airbus closes 2017 with order spree

Airbus closes 2017 with order spree

Airbus is finishing off 2017 with four new orders, totalling 225 aircraft, and has finalised previously announced deals for 480 A320 family aircraft. Over the last ten days, Airbus has signed agreements with Delta for 100 A321neos, Pegasus Airlines for

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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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Stellwagen Group appoints two new executives

Stellwagen Group appoints two new executives

Dublin-based aviation services provider Stellwagen Group is looking to boost its investment banking arm with two new senior appointments. Scott Corman (pictured left) has been appointed CEO of the Group’s aviation finance firm Stellwagen Capital, effective immediately. David Butler will

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Peter Barrett interview: SMBC five years on

Peter Barrett interview: SMBC five years on

SMBC Aviation Capital has gone from strength to strength since its acquisition five years ago. Its most recent annual report showed that last year was a great year for the lessor: profit before EBITDA jumped 48%, it completed 111 aircraft

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Cathay Pacific signs for $4.1 billion A321neo order

Cathay Pacific signs for $4.1 billion A321neo order

Hong Kong’s flag carrier Cathay Pacific has signed a memorandum of understanding (MOU) for 32 Airbus A321neos worth $4.1 billion. The aircraft were ordered direct from Airbus and are set to be delivered between 2020 and 2023. They will be

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DAE completes AWAS acquisition

DAE completes AWAS acquisition

Dubai Aerospace Enterprise (DAE) is now one of the largest lessors in the world after completing its acquisition of Irish lessor AWAS yesterday. The move will bring the Dubai lessor’s total fleet to 400 aircraft, valued at more than $14

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Airberlin insolvent, Etihad exits

Airberlin insolvent, Etihad exits

Airberlin filed for insolvency yesterday after Etihad withdrew financial backing. It is in talks with partners to acquire parts of its business. Germany’s second largest carrier filed the bankruptcy protection request yesterday at the local court of Berlin-Charlottenburg. Lufthansa and the German

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