Aviation International News senior correspondent Ian Goold has been involved in aerospace since 1964 and in aviation media for more than 40 years. He enjoyed a 20-year career at Flight International magazine, where he was latterly air-transport editor before turning freelance in 1993. A winner of the European Regions Airline Association Hank McGonagle award for excellence in aerospace journalism and a Royal Aeronautical Society Aerospace Journalist of the Year global&nbsp;award, he has edited or contributed to aerospace and aviation magazines, special publications, and websites in Africa, Asia/Pacific, Europe, the Middle East, and North and South America. Ian entered aerospace as an apprentice at the British Aircraft Corporation at Brooklands (Weybridge), where he worked on production and final assembly lines of the Vickers Super VC10, and BAC One-Eleven , and manufacture of Concorde major sub-assemblies. He subsequently graduated from the BAC Design Training School to work in the airframe structures drawing office (including design of international future projects, such as the Panavia Tornado multi-role combat aircraft) before joining Flight International in 1973. Apart from years of reading aircraft magazines and books, his first direct contact with aviation media had come during the early 1970s when he was involved at Brooklands with the Weybridge Man-powered Aircraft Group, which designed and built the tenth aircraft to fly under purely human power. As an aviation journalist, he has worked at more than&nbsp; 50 of the major biennial&nbsp;global and regional international aerospace industry shows at Le Bourget, Farnborough, Singapore, and Dubai (having missed attending only one "Farnborough" since 1960), plus innumerable NBAA, HAI, (U.S.) AOPA, and EBACE Conventions and ERA Assemblies. His favourite aircraft is the Hawker Hunter, of which – as a schoolboy – he heard hundreds make their first flights from Dunsfold, where also on September 24, 2013, he saw the penultimate landing of the VC10 (happily involving an example of which he had witnessed the maiden takeoff in 1970) a day before the last example made the design's final flight (unless, of course....).

Senior correspondent

Ian Goold

Low demand for corporate aircraft and small airliners has led New York-based financial advisor Moody’s Investors Service to review, and possibly downgrade in the next two months, certain Bombardier debt ratings. Bombardier Aerospace’s intermediate-term earnings and cash flow could be constrained by any adverse market effects, according to Moody’s corporate finance group senior vice president Tassos Philippakos. 
The exercise takes account of “the weak business jet market and the potential for pressures on [Bombardier’s] currently healthy regional jet (RJ) business as a result of deteriorating performance of U.S. airlines, which [represent] a large part of its RJ backlog.” While the down cycle is expected to be less severe for the RJ market than for the overall commercial aircraft business, analysts are considering how airline difficulties could alter future delivery forecasts. They also note that continued pressure on aircraft prices could damage Bombardier’s aircraft portfolio. 
Moody’s review takes into account Bombardier’s plans to raise $5 billion by liquidating parts of Bombardier Capital, namely selling and winding down its business aircraft finance and receivables factoring portfolios. The manufacturer plans to have generated $2.5 billion of free cash flow in the six months to the end of next month. If it is successful, Bombardier will have significantly reduced its exposure in an “historically under-performing finance business,” noted Moody’s. The financial-advice firm acknowledges Bombardier’s “strong market position, strong [second-half] cash flow [and] significant undrawn bank credit facilities.”

Sales slump threatens Bombardier debt ratings

Low demand for corporate aircraft and small airliners has led New York-based financial advisor Moody’s Investors Service to review, and possibly downgrade 

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