The Irish Times

Dublin-based SMBC to buy aircraft leasing rival Goshawk in €1.5bn deal

Deal would make the enlarged SMBC group second biggest lessor in the world

Mon May 16 2022 - 18:07

McCanns’ Balmoral settles Cerberus debt at 16% discount

Property company has paid €48 million to US investment firm, annual report indicates

Tue May 10 2022 - 05:43

Dublin aircraft lessor terminates leases with Russian airlines

SMBC Aviation Capital is the second-worst affected Irish lessor to Ukraine crisis

Sat Mar 12 2022 - 06:22

Aircraft lessor SMBC Aviation Capital borrows €430m at lowest rate

Additional financing allows SMBC to ‘capitalise on opportunities’, says CFO

Mon Oct 18 2021 - 17:00

SMBC to lease 20 Airbus jets to US carrier Sprint

Airline expects deal to help it accommodate capacity plan for 2022 and 2023

Fri Oct 15 2021 - 19:48

Fyffes records €170m loss amid melon and mushroom asset charges

Chairman David McCann and finance chief Tom Murphy share €7.46m in exit pay

Wed Sept 01 2021 - 05:35

Balmoral’s property values rise as loans dispute continues

McCann-led group in court battle with Everyday Finance over €60m of loans

Tue Aug 31 2021 - 05:34

BlackRock holds $85bn in coal despite pledge to sell fossil fuel shares

Loophole means asset manager can hold shares in firms earning less than a quarter of revenues from coal

Wed Jan 13 2021 - 09:44

Warren Buffett buys 5% stake in five major Japanese trading houses for $6bn

Berkshire Hathaway way increase holdings to 9.9%

Mon Aug 31 2020 - 12:44

David McCann to be replaced as Fyffes chief by former Chiquita executive

Helge Sparsoe to join fruit importer as McCann’s 35-year involvement with firm ends

Fri Jul 17 2020 - 13:36

Dublin aircraft lessor defers delivery of Boeing 737 Max until 2025

SMBC Aviation Capital posted a profit of $364.5 million in year to end of March

Wed Jun 03 2020 - 07:48

McCanns’ Balmoral sees property value hit from Covid-19

Company expects “quality of its tenants” will help cushion it from worst effects of pandemic

Mon Jun 01 2020 - 07:38

Bananas might hold the key to post-Covid trade

How the banana adapts now could be crucial to understanding the post-pandemic era of trade

Fri May 22 2020 - 14:15

Japan investors worry as coronavirus puts Olympics into question

Calling off Tokyo Olympics ‘no longer unthinkable’, analyst says

Thu Feb 20 2020 - 13:25

Fyffes spends €36.6m on Canadian mushroom deals

Operating profit fell to €8.75 million last year as a result of ‘difficult trading conditions’

Fri Aug 02 2019 - 04:45

Fyffes gets over €180m equity injection from Japanese parent

Funds used to clear borrowings from the Sumitomo group in a debt-for-equity swap

Thu Jun 13 2019 - 03:45

‘SMBC’s fleet is one of the youngest in the world’

SMBC Aviation Capital employs 180, mostly in Dublin, but also in US, Asia and Europe

Thu Jan 24 2019 - 00:00

SMBC gets $1bn funding boost as airlines look to update fleets

Capital injection gives Irish lessor highest rating in aviation industry

Fri Nov 30 2018 - 09:24

SMBC Aviation Capital to open subsidiary in Hong Kong

Move brings Dublin-headquartered aircraft lessor closer to Asian customers

Thu Nov 01 2018 - 05:00

SMBC Aviation Capital makes $319m profit on $1bn revenues

Dublin-based aircraft lessor has 90 customers in 40 countries

Thu Jun 07 2018 - 17:43

Potential for 25,000 new pharma jobs, US-China trade deal, and Titanic tourism

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

Mon May 21 2018 - 06:53

Japanese sell stake in property firm to Fyffes founding family

Sumitomo disposes of interest in Balmoral Holdings to brothers Carl and David McCann

Mon May 21 2018 - 04:35

Back-to-the future deal makes McCanns top bananas once again

Why operators in the darkest part of Ireland’s €1.76bn shadow banking hub needn’t worry about the taxman

Sat Feb 03 2018 - 08:00

What do I need to sort out tax on Fyffes shares?

Q&A: Dominic Coyle

Tue Dec 19 2017 - 08:00

Dublin-based SMBC flying high as profits continue to rise

The value of SMBC Aviation Capital’s aircraft stood at $10.5bn at the end of September

Tue Nov 14 2017 - 08:08

SMBC shareholders pump $1bn into company for new aircraft

Japanese owners to provide Irish company with new funds by end of March 2019

Mon Nov 06 2017 - 13:48

Japan’s second-biggest lender chooses Frankfurt as post-Brexit base

Sumitomo is one of the first foreign banks to commit to new office space in Frankfurt ahead of Brexit

Tue Oct 03 2017 - 07:57

Fyffes takeover triggers €32m fees and bonus bonanza

Tropical fruits distributor was acquired by Japan’s Sumitomo this year for €751m

Sat Sept 02 2017 - 05:31

Fyffes gets five more weeks from ethics body to fix Honduras dispute

Fruit firm linked to alleged worker exploitation in its Central American operations

Mon Aug 07 2017 - 06:03

Profits at SMBC Aviation Captial up 48%

Irish aircraft leasing specialist has interest in 670 aircraft worth a total of $10 billion

Mon Jun 12 2017 - 12:07

Toshiba’s startling spiral downwards continues

One of the huge crown jewels of Japan Inc is on its knees. But will it rise again?

Thu May 04 2017 - 06:15

As Fyffes cheques arrive, what’s the story on tax?

Q&A: Dominic Coyle answers your personal finance questions

Sun Mar 12 2017 - 17:00

Irish M&A outlook promising despite Brexit, Trump concerns

New figures show deal value declined 51% in Ireland last year as activity rose by 3%

Thu Mar 02 2017 - 07:30

Irish M&A advisers buoyant for 2017 despite UK and US headwinds

Deal activity is expected to outstrip 2016 despite Brexit, KPMG research indicates

Thu Feb 23 2017 - 02:15