Moderators: jsumali2, richierich, ua900, PanAm_DC10, hOMSaR

 
User avatar
KarelXWB
Topic Author
Posts: 26968
Joined: Sun Jul 15, 2012 6:13 pm

Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 11:39 am

Bombardier Commercial Aircraft announced today that a wholly owned affiliate of Macquarie AirFinance has signed a firm purchase agreement for 40 CS300 jetliners and has taken options on an additional 10 CS300 aircraft.

Quote:
Macquarie AirFinance, which currently owns or manages 136 jet aircraft leased to 73 operators in 43 countries across six continents, will lease the CS300 aircraft to airline operators around the world. Delivery of the aircraft will be on a phased basis from 2017 to 2019.

Source
http://cseries.com/bombardier-and-ma...ent-for-up-to-50-cseries-aircraft/
What we leave behind is not as important as how we've lived.
 
voodoo
Posts: 1984
Joined: Mon Mar 19, 2001 12:14 am

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 12:18 pm

That's the 'Republic 40' taken care of I guess.
` Yeaah! Baade 152! Trabi of the Sky! '
 
User avatar
Quantos
Posts: 304
Joined: Wed Jan 23, 2013 9:29 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 12:36 pm

Firm purchase agreement. So is that an order? I'm getting slightly confused by all the different types of agreements!
Quantos,

I maintain the Airbus A220 (formerly Bombardier C Series) Aircraft Status sheet: https://goo.gl/HZshto
Feel free to comment on the sheet with any improvement suggestions and data update requests! Thanks to Paolo92 for his advice!
 
User avatar
golfradio
Posts: 926
Joined: Mon Jun 15, 2009 5:35 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 1:35 pm

Fantastic news! This is a the A-list order the programs needed. It's a real good sign to see more lessors taking an interest. The chatter that I mentioned in the CSeries general thread about this order came true. Let's see if the rumour about two Chinese operators gets confirmed as well. BBD execs mentioned it at the CIBC conference.
CSeries forever. Bring back the old site.
 
Dash9
Posts: 299
Joined: Sat Nov 29, 2008 3:40 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 2:38 pm

Quoting Quantos (Reply 2):
Firm purchase agreement. So is that an order? I'm getting slightly confused by all the different types of agreements!

There's a new program update video on cseries.com A salesmen is introduced by Rob Dewar and he clearly mentions 'firm order' when referring to the Macquarie order

-Dash9
 
User avatar
Ab345
Posts: 1048
Joined: Mon Nov 18, 2013 2:44 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 3:23 pm

Quoting golfradio (Reply 3):
This is a the A-list order the programs needed.

How can this be considered A-list? According to their site they are a leasing firm that from what I can see specialises in A320s/737s and has 2 A330s and 2 B777s. It's not like we re talking about ILFC or Aercap  

It is a very welcomed order and I d be happy to see them placed but this is not the momentum that will give the programm air to breathe I m afraid. Hope I ll be proven wrong  
 
Dash9
Posts: 299
Joined: Sat Nov 29, 2008 3:40 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 3:58 pm

Quoting Ab345 (Reply 5):
It is a very welcomed order and I d be happy to see them placed but this is not the momentum that will give the program air to breathe I m afraid. Hope I ll be proven wrong

Its an established leasing from the Western World. Since Macquarie does not operate aircraft their whole sale dept is now selling the CS300 to their existing or prospective clients. This mean even more clients twill be approached, more sales pitch will be delivered, and clients that were reluctant on a long term CSeries commitment (buy) can now commit to a short/mid term commitment (lease). The same happened when Falko ordered 24 tentative CS100. They have 60+ ARJ / BAE-146 aircrafts with a few customers, and the CS100 is targeting this market. Now Falko is selling those birds to their customer.

That being said, leasing companies might chase the same clients than BBD does so in a way it creates more competition... but at the end of the day its positive.

Smaller leasing company that are trying to growth in the shadow or ILFC/Aercap must distinguish themselves and take more risks. We saw such a move by Macquarie. The big leasing will only jump aboard the Cseries program once the operator base will growth with enough world-class airlines.

-Dash9

[Edited 2014-09-26 09:07:19]
 
User avatar
golfradio
Posts: 926
Joined: Mon Jun 15, 2009 5:35 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 4:02 pm

Quoting Ab345 (Reply 5):
How can this be considered A-list?

Are you familiar with the Macquarie Group?
CSeries forever. Bring back the old site.
 
User avatar
rikkus67
Posts: 1342
Joined: Fri Jun 09, 2000 11:34 am

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 4:25 pm

How close does this bring the total to 300 firm before EIS?
AC.WA.CP.DL.RW.CO.WG.WJ.WN.KI.FL.SK.ACL.UA.US.F9
 
User avatar
Ab345
Posts: 1048
Joined: Mon Nov 18, 2013 2:44 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 4:51 pm

Quoting golfradio (Reply 7):

Let me rephrase...I would account as A-list airlines like the ME3 BA LH AF DL UA AA NH SQ and in general the big legacies. As far as leasing firms are concerned A list would be ILFC AerCap Alafco Avolon AWAS GECAS.
I don't have a problem with Macquarie ( and frankly who cares if I did ) but my opinion is that I wouldn't call it "A list", and I don't mean quality, I mean size of the company compared to the above mentioned.

Per your statement it is the A-list order that will give the programm a boost. I just don't see it. Again hope I m wrong

Quoting dash9 (Reply 6):
ts an established leasing from the Western World.

Although that's sort of a given (what else would it be? A non-established firm from Rwanda?), it's like saying that an Opel Corsa is the same as a Mercedes SLK just because both are established models from Germany?   I d love to drive the Opel but I d pick the SLK if they were giving them away anyday 
 
FriendlySkies
Posts: 3540
Joined: Fri Aug 13, 2004 3:57 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 5:23 pm

Quoting Ab345 (Reply 9):

You're arguing about semantics. It's a large order from a customer who's entire existence is predicated on them placing these aircraft with airline customers. It is good news for the C-series program.
 
User avatar
Ab345
Posts: 1048
Joined: Mon Nov 18, 2013 2:44 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 6:43 pm

Quoting FriendlySkies (Reply 10):

No argument from me if you read my whole initial response.
 
aviationaware
Posts: 2858
Joined: Mon May 19, 2014 12:02 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 6:50 pm

Good in terms of numbers, but doesn't add anything in terms of order quality to the program.
 
User avatar
TWA772LR
Posts: 7420
Joined: Thu Nov 17, 2011 6:12 am

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 6:54 pm

What airlines does Macquarie lease to?

Quoting Ab345 (Reply 9):
Per your statement it is the A-list order that will give the programm a boost. I just don't see it. Again hope I m wrong

I would consider LX and KE "A-list" airlines. However, I think you're right. We had the same kind of anticipation for the 748i, how we thought it would gain more orders after EIS. It did, don't get me wrong, but not the kind of numbers everyone was hoping for.

Its a shame, too. The 748 is the most beautiful widebody and the CSeries is the coolest looking narrowbody since Concorde.
When wasn't America great?


The thoughts and opinions shared under this username are mine and are not influenced by my employer.
 
User avatar
Quantos
Posts: 304
Joined: Wed Jan 23, 2013 9:29 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 7:00 pm

To be honest, I don't think BBD particularly cares about an "A-List" order at this time. They want to sell frames, period. If they were to get a very large order from, for instance, a top American or European airline, that'd be great, but it's not that big of a deal as long as they're selling the planes.
Quantos,

I maintain the Airbus A220 (formerly Bombardier C Series) Aircraft Status sheet: https://goo.gl/HZshto
Feel free to comment on the sheet with any improvement suggestions and data update requests! Thanks to Paolo92 for his advice!
 
aviationaware
Posts: 2858
Joined: Mon May 19, 2014 12:02 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 7:31 pm

Quoting Quantos (Reply 14):
but it's not that big of a deal as long as they're selling the planes.

It is pretty much of a big deal, many of the orders in BBDs CSeries order book are pretty sketchy. A high profile anchor customer with sterling reputation and high reliability would do a lot for this program right now. Swiss and Korean are all good and fine, but the rest of the orders is not of great quality. Many orders are lessors, and lessors need customers that run the type in the first place or they won't take the planes (no white tails). Some other orders are from startups or conditional on some wild fantasies (like getting Toronto City Centre expansion approval).

This program needs a customer with substance much more than it needs pure numbers.
 
Dash9
Posts: 299
Joined: Sat Nov 29, 2008 3:40 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 9:45 pm

Quoting Ab345 (Reply 9):
Although that's sort of a given (what else would it be? A non-established firm from Rwanda?),

Not it's not a given. It could have been a lessor from Russia such as Ilyushin (that already ordered CS300). With the current political and economical situation that order is shaky at best. Or a lessor from China where the economic situation could change dramatically due to real estate speculation, etc.

Macquarie is an established lessor (2006), with established customers (60+ including SouthWest, Frontier, ,JetBlue, United, ) . They have 120 B737 / 320A narrow bodies so they know very well the market for these. Yet they choose to order CS300 instead of MAX and NEO. Thats tells a lot.

their customer list: http://www.macquarie.com/mgl/maf/customers
their current portfolio: http://www.macquarie.com/mgl/maf/aircraft-portfolio


Dash9
 
User avatar
Ab345
Posts: 1048
Joined: Mon Nov 18, 2013 2:44 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Fri Sep 26, 2014 10:32 pm

Quoting dash9 (Reply 16):

Although I think I have made my case clear let me make it once more. Nobody said that Macquarie is a shady company I just don't consider it list A-list. Unless you want to classify the firms in reply 9 as AAA-list. And again as AviationAware mentioned it doesn't add something more to the quality of the portfolio. Just numbers. (Which are more than welcome at this point)

Quoting TWA772LR (Reply 13):
I would consider LX and KE "A-list" airlines.

Who said anything about LX or KE   I was talking about Macquarie which is something I am regreting considering the weird kind of backlash I have received. Again: I love the Cseries and I hope they get more orders. Period.
 
pnwtraveler
Posts: 1074
Joined: Wed Jun 13, 2007 2:12 am

RE: Macquarie AirFinance Orders 40 CS300 Jets

Sat Sep 27, 2014 1:10 am

Quoting Ab345 (Reply 17):

Quoting dash9 (Reply 16):

Although I think I have made my case clear let me make it once more. Nobody said that Macquarie is a shady company I just don't consider it list A-list. Unless you want to classify the firms in reply 9 as AAA-list. And again as AviationAware mentioned it doesn't add something more to the quality of the portfolio. Just numbers. (Which are more than welcome at this point)

Quoting TWA772LR (Reply 13):
I would consider LX and KE "A-list" airlines.

Who said anything about LX or KE   I was talking about Macquarie which is something I am regreting considering the weird kind of backlash I have received. Again: I love the Cseries and I hope they get more orders. Period.

Wow some people have a lot of time for nitpicking. Money is money. Order is an order. The program needed orders for confidence and that is what they have got. I am pretty sure this leasing firm has a client already lined up for these aircraft. If it is a "blue chip airline" that has ordered the aircraft, a lot of ink has been wasted.
 
User avatar
N328KF
Posts: 6012
Joined: Tue May 25, 2004 3:50 am

RE: Macquarie AirFinance Orders 40 CS300 Jets

Sat Sep 27, 2014 1:22 am

For anyone who thinks Macquarie is not A-list, recall that they own SYD (the airport).
“In the age of information, ignorance is a choice.”
-Donny Miller
 
Gemuser
Posts: 5096
Joined: Mon Nov 24, 2003 12:07 pm

RE: Macquarie AirFinance Orders 40 CS300 Jets

Sat Sep 27, 2014 1:47 am

Quoting N328KF (Reply 19):
For anyone who thinks Macquarie is not A-list, recall that they own SYD (the airport).

Along with about 25% (cumulative) of all current infrastructure projects in Australia, and a big slice in NZ and much elsewhere.

Gemuser
DC23468910;B72172273373G73873H74374475275376377L77W;A319 320321332333343;BAe146;C402;DHC6;F27;L188;MD80MD85
 
User avatar
Clipper101
Posts: 697
Joined: Sat Aug 23, 2014 5:44 am

RE: Macquarie AirFinance Orders 40 CS300 Jets

Sat Sep 27, 2014 9:21 pm

Quoting KarelXWB (Thread starter):
Delivery of the aircraft will be on a phased basis from 2017 to 2019.

Waao … still far ahead into the future!!
 
User avatar
rikkus67
Posts: 1342
Joined: Fri Jun 09, 2000 11:34 am

RE: Macquarie AirFinance Orders 40 CS300 Jets

Sat Sep 27, 2014 9:27 pm

Quoting Clipper101 (Reply 21):
Waao … still far ahead into the future!!

After certification between late 2015 (hope hope)/early 2016, and then early deliveries...this is not a long time to wait!
AC.WA.CP.DL.RW.CO.WG.WJ.WN.KI.FL.SK.ACL.UA.US.F9
 
queb
Posts: 1026
Joined: Tue Jun 01, 2010 3:10 am

RE: Macquarie AirFinance Orders 40 CS300 Jets

Sat Sep 27, 2014 10:23 pm

CS300 certification is planned 6 months after the CS100, somewhere in 2016.
 
User avatar
Clipper101
Posts: 697
Joined: Sat Aug 23, 2014 5:44 am

RE: Macquarie AirFinance Orders 40 CS300 Jets

Sat Sep 27, 2014 10:25 pm

Quoting rikkus67 (Reply 22):

I am a fan of the concept, and as someone on this thread said it is one cool looking aircraft, I wish the program well

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos