• by  • August 31, 2017 • Amedeo


    Acquisition of Asset

    31 August, 2017

    The Company, via its wholly-owned subsidiary, AA4P Mu Limited, is pleased to report the purchase of one A350-900 aircraft, bearing manufacturer’s serial number 130, on 31 August, 2017, placed on lease to Thai Airways International Public Company Limited (“Thai Airways”) for a term of 12 years.

    Following this purchase, the Company will own eight A380-800, two B777-300ER and two A350-900 aircraft, each of which have been leased to either Emirates Airline, Etihad Airways PJSC or Thai Airways, as applicable.

    The Company currently targets a distribution to investors of 2.0625 pence per Share per quarter.

    The Company is a Guernsey-domiciled company with shares admitted to trading on the Specialist Fund Segment of the London Stock Exchange’s Main Market (LSE: AA4) since May, 2015. ¬†On 30 August, 2017, the market value of the Company was GBP642.5 million.