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IN BRIEF: Amedeo not exposed to rising interest rates, it says

Tue, 13th Feb 2024 15:29

Amedeo Air Four Plus Ltd - investment company that buys, leases and sells aircraft - Says it is not exposed to rising interest rates, adding that its lessees are performing well. Also notes that there are "not so many" headwinds, but says rising fuel and maintenance costs remain a concern, citing the ongoing crisis in the Red Sea.

Current stock price: USD0.53

12-month change: down 4.0%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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