Hoja informativa (medidas de apoyo)
13 de febrero de 2024
AMEDEO AIR FOUR PLUS LIMITED (la "Compañía")
(LSE: AA4, LEI: 21380056PDNOTWERG107)
Hoja informativa (medidas de apoyo)
La Compañía announces that its factsheet for the period to 31 December 2023 is now available on its website at http://www.aa4plus.gg. A continuación se reproduce un extracto de la declaración del Presidente en la hoja informativa.
Vientos de cola
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.
Vientos en contra
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.
Para más información, por favor póngase en contacto con:
JTC Fund Solutions (Guernesey) Limited
+44 0 1481 702 400
Liberum Capital Limited
Chris Clarke/Darren Vickers/Owen Matthews
+44 0 20 3100 2000
Acerca de la Compañía
La Compañía es una compañía domiciliada en Guernsey, con acciones admitidas a cotización en el Segmento de Fondos Especializados del Mercado Principal de la Bolsa de Valores de Londres (LSE: AA4).
El objetivo de inversión de la Compañía es obtener rendimientos de ingresos y un rendimiento de capital para sus Accionistas mediante la adquisición, arrendamiento y luego venta de aeronaves.
RNS puede usar su dirección IP para confirmar el cumplimiento de los términos y condiciones, para analizar cómo interactúa con la información contenida en esta comunicación y para compartir dicho análisis de forma anónima con otros como parte de nuestros servicios comerciales. Para obtener más información sobre cómo RNS y la Bolsa de Valores de Londres utilizan los datos personales que nos proporciona, consulte nuestra Política de privacidad.