Fiche technique
13 Février 2024
AMEDEO AIR FOUR PLUS LIMITED (la "Société")
(LSE : AA4, LEI : 21380056PDNOTWERG107)
Fiche technique
Notre compagnie announces that its factsheet for the period to 31 December 2023 is now available on its website at http://www.aa4plus.gg. Un extrait de la déclaration du Président dans la fiche d'information est reproduit ci-dessous.
Vent arrière
First, the directors were very pleased to be able to show their confidence in the Company's finances by increasing the dividend last month. Whilst there are issues surrounding values (good and bad) our cash flow is strong, we are not exposed to rising interest rates and our lessees are performing well.
Aircraft values in some areas have bounced back from the collapses in 2020/21, not everywhere but nevertheless the immutable laws of supply and demand prevail as they always do. Demand for capacity is slowing slightly in some areas but is still there. The Dublin Airfinance Conference at the end of January was heavily attended and upbeat. Amongst all the airlines, lessors and financiers I spoke to, lack of supply is the issue, not lack of demand.
Asia Pacific traffic continues its strong recovery which helps Thai Airways. They are rumoured to be about to order new Boeing 787 aircraft. The airline is clearly confident that it will have the balance sheet and cashflow to finance them.
Vents contraires
There are not so many.
Rising fuel and maintenance costs (i.e. things that go to airline profitability) are still a concern, not helped by political instability around the Red Sea.
In the USA low-cost carriers have plateaued, and some have surplus capacity. That is not our market.
The future of the A380 ebbs and flows. Their greatest supporter, Sir Tim Clark, delayed his retirement so as to see Emirates through the pandemic, which he has done. Boeing must prove that the 777-X meets its performance targets, failure there will mean the airline must look for capacity elsewhere. The airline has demanded rigorous testing in local (harsh) conditions.
I must clarify that, following some queries from shareholders after publication of our half year financials, we have not concluded any deal with Emirates and will not speculate (i.e. guess) whether any deal will materialise or what it will look like. Our first aircraft is not due to be returned until September 2026 and the lease agreements specify timelines and return conditions, which both we and Emirates will scrupulously observe.
Pour plus d'informations, s'il vous plaît contacter:
JTC Fund Solutions (Guernesey) Limited
+ 44 (0) 1481 702 400
Liberum Capital Limitée
Chris Clarke/Darren Vickers/Owen Matthews
+ 44 (0) 20 3100 2000
À propos de l'entreprise
La Société est une société domiciliée à Guernesey, dont les actions sont admises à la négociation sur le segment des fonds spécialisés du marché principal de la Bourse de Londres (LSE : AA4).
L'objectif d'investissement de la Société est d'obtenir des revenus et un rendement du capital pour ses actionnaires en acquérant, en louant puis en vendant des avions.
RNS peut utiliser votre adresse IP pour confirmer le respect des termes et conditions, pour analyser votre interaction avec les informations contenues dans cette communication et pour partager cette analyse de manière anonyme avec d'autres dans le cadre de nos services commerciaux. Pour plus d'informations sur la manière dont RNS et la Bourse de Londres utilisent les données personnelles que vous nous fournissez, veuillez consulter notre Politique de confidentialité.