Member Info for AndyOJ2

Anyone received divi yet?

Anyone had their divis yet? HL slow as ever

Nice recommendation in Investors Chronicle. Suggests dividend is secure and possible £78m return of capital as the A350s are worth excess over the net debt on them. Suggests “investment risks skew to the upside”

Also tipped by Simon T in Investors chronicle and by Liberum (target 50p)

Boom

Buy recommendation in Investors Chronicle today

Not yet - I’m with HL so expecting a slow payment

No, they reduced the number of shares and the dividend is projected to remain the same 4.5p

Https://www.benzinga.com/amp/content/35797320

Pratt & Whitney, an RTX (NYSE:RTX) business, has signed a 10-year agreement with Emirates to maintain and support the airline's 116 PW980 auxiliary power units (APUs) on its Airbus A380 aircraft. That’s through to 2033!

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.

Sorry for spamming but these are good.

“ 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.”

While a few of the A380s have been withdrawn from the fleet, Emirates president Tim Clark says he is committed to “keep them going as long as possible”.

“We have to keep a careful eye on [the supply chain], so we’re cannibalising some of the early aircraft and storing the parts,” he said, speaking during the Dubai air show.

“We’ll try to keep 116 going for as long as we can. Back-end of the next decade, it’ll drop to 90.”

Https://www.emirates.com/media-centre/download/ac865b36-8ac7-48f1-9936-21ad2143313e/fleetfastfacts13nov2023.docx

116 is full number of fleet

Https://asianaviation.com/emirates-invests-in-a380-fleet-to-keep-it-flying-longer/

I read this as brilliant news! They have signed deals to maintain 116 aircraft which looks like all the ones flying now plus another 26 - pretty much all their fleet.

Plus dividend reinvestment

Got it last thing yesterday from HL

HL very slow in paying - anyone got theirs yet?

Yes - not a shabby start and great for dna3 and Amedeo as well 😀

Yes it’s coming. It will be more than $12m I think. The wording was “ Emirates will pay the sum of USD 12,000,000 to the Company's Subsidiary, in addition to the normal monetary compensation arrangements, on or prior to the lease expiry date”. But yes 9 days left and counting.

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