Amedeo Air Four buys A350-900 aircraft – Amedeo Air Four Plus say that, as anticipated in their prospectus dated 13 June, 2017, the company, via its wholly-owned subsidiary, AA4P Lambda Limited, purchased one A350-900 aircraft bearing manufacturer’s serial number 123 on 13 July, 2017.
The aircraft has been placed on lease to Thai Airways International Public Company Limited for a term of 12 years.
Following this purchase, Amedeo Air Four Plus now owns eight A380-800, two B777-300ER and one A350-900 aircraft, each of which have been leased to either Emirates Airline, Etihad Airways PJSC or Thai Airways, as applicable.
Amedeo Air Four Plus 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). The investment objective is to obtain income returns and a capital return for its shareholders by acquiring, leasing and then selling aircraft. To pursue its investment objective, they will seek to use the net proceeds of placings and/or other equity capital raisings, together with financing facilities (or instruments), to acquire widebody or other aircraft which will be leased to one or more major airlines.
The company aims to provide shareholders with an attractive total return comprising income from distributions through the period of the company’s ownership of the Assets and capital upon the sale of the assets. It is anticipated that income distributions will be made to shareholders quarterly, subject to compliance with applicable laws and regulations. The company currently targets a distribution to investors of 2.0625 pence per share per quarter as detailed in the prospectus.
AA4 : Amedeo Air Four buys A350-900 aircraft
