Doric Nimrod 3 Share Price (DNA3)

Can someone explain the significance, if any, of the Redelivery Condition announcements. I can see that they are probably legal requirements 8(?) months ahead of the contract expiry.

If this is true then exciting times ahead https://youtu.be/eEo0WOlfWb0?si=AmoczYWhVMLnYlJZ

The French OEM stopped manufacturing the double-deckers in 2021. Sheikh Ahmed, however, said the airline would continue to expand its fleet with more A380s from lessors for ‘the right price. “The A380 will stay with us until at least 2035. We will continue to buy it for the right price,” he said.

Just missing that the final rents are reduced in the period after the initial 10 years. Looks like for the final year at least the rent is halved. But still some cash accumulation as far as I can see

Good to see that all borrowings on the four aircraft have been repaid. Assuming that Emirates continue to pay the same amount of rent until the leases expire then DNA3 should amass a reasonable cash sum before November 2026. As I understand it rent received in the last fy was around £77m and loan repayments just under £50m. Does this suggest cash will increase by around £150m allowing for operating expenses or am I missing something?