RE: Latest factsheet RNS21 Mar 2024 19:19
Hi GS,
I dont believe it is about newer planes as such , more landing slots and supply of new plane constants to market. And with the current state of affairs with Boeing's safety and production delays, there is nothing on the horizon to replace the A380`s.
The next best thing would be a more economical engine upgrade, to really push the life out on the A380`s.
The first off hire confirmation comes in 2025 for AA4, this will hopefully lead to a sale of the first pair of A380`s in 2026 to Emirates. There should then be some form of capital return back to shareholders, maybe they only pay partial and withhold some funds.
Alternatives to AA4,DNA2,DNA3, nothing that i have found of interest... The Uk stock market has taken a back seat for me, I see more rewards on the US and BDC, Reit companies and like.
I will keep an eye out :)
Regards