Member Info for simonm

From 1 January 2023, the Company now receives fixed rent from Thai until the original lease expiry dates, rather than on a power by the hour basis. The airline’s rehabilitation remains ongoing, however lease payments are sufficient to meet debt service ,and a contribution towards expenses, without recourse to the Company’s other funds.

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

Evening GS,

The previous history against the DNA,DNA2, shares points to the planes being purchased.

With the next real dump of planes being DNA2, with 5 more A380 planes off hiring by the end of November 2024, which will set the tone for AA4.

I do hold DNA2,3, which i wouldn't chase these now as AA4 looks nicer. Worth a check out against DNA2 to see the process of funds returned and such.

The retrofit is really the Cabin layouts to help gain more capacity and reduced operating costs, which is why they are swapping out the boeings on routes previously like Frankfurt and BHX and such as they have limited landing slots.

The lease provisions require notice to return the planes, to open up bidding and settlement of purchase.

If they extend, the half life and minimum life payments + other costs are still payable = No benefit in extending the lease.

At this stage i can only base on the A380`s against the DNA share planes purchase prices and $12m Minimum life payment and such, and so suspect $40m per plane is achievable .

In relation to the 777-300ER planes, these off hire in the July/ Aug time 2028 after the A380`s. I see these as a bonus along with the A350 planes.

Im just a general Joe investor, with limited knowledge :D

Regards.

Afternoon Candid,

All information is in the public domain, you just need to read through the historic Company news releases for a start ;p

We know Emirates are refitting and aiming to fly the A380`s into the late 2030`s-early 2040`s, general press information from emirates (aviation news).

They have 119 A380`s with 67 slated for full cabin refurbishment, of which MSNs 187,201,206,208 are to undergo premium refit.

Five of the Company’s A380s are in service, and it is expected that the remaining aircraft (MSN 201) is anticipated to return during Q1’2024.

Full life and half life terms are stated back in the previous prospectus news releases. The funny thing here is AA4 did make a point of saying we had different terms after the DNA plane sold for $30m, and then changed the comments to limited market options to sell on the A380`s.

My conviction is 200k shares +, small to some and large to others with continued accumulating :)

AA4 isn't really plugged for the income holders, and tends to be ignored generally.

I added another 43652 shares today, which gives me a nice tidy income boost for the next few years :)

Emirate`s will not be looking at lease extensions, in my view.

Should the A380 planes be returned back to AA4 then Emirate`s face either a half life payment of $17m + extras, or a Minimum life payment of $25m + extra`s.

The planes if returned and then leased to a new party, could cost emirates a full life refurbishment to the new lease parties configuration on top of the minimum life payment = max pain ;p

AA4 have very different terms to those which DNA have, and so that is the key to seeing the future value in the share price and possible returns.

At this stage we have $35m being paid for planes via DNA with $12m half life terms. And so basically stick either $5m or $13m on the $35m paid example, and we have a bench mark of $40-$53m.

Two of the A380`s had modifications undertaken, and are not to standard with modified lease terms from AA4.

Tim Clark, the President of Emirates, believes that the Airbus A380 will continue flying for the next 20 years as there are no viable alternatives available.

https://simpleflying.com/tim-clark-emirates-airbus-a380-fly-util-2040s/

He sale proceeds to be paid by Emirates to the Company are £28.9m in respect of each Asset, (equivalent to US$35m, an aggregate combined total of US$70m for the two Assets).

Result :)

Can't be many days left until we hear news on A6-EDP, as the lease expiry date for the Aircraft is 14 October 2023.

Will this be an emirates buy for the DNA value $30M, or a $12M return and a half life hand shake ?

Airbus have stopped producing the A380 so sadly we can’t order any more – we would have liked to and we would have liked to see an even bigger A380 as well. We’ll still be seeing them flying in 2035 and in all likelihood through to the early 2040s.

https://globetrender.com/2023/06/26/emirates-will-still-be-flying-a380-superjumbos-in-the-early-2040s/

It is now being covered under Seeking Alpha.... getting some US coverage as well under AMDOF

Believe this is a hidden Gem at this level still )

Did you look at any of the reports, or the information contained in them ?

Maybe worth a look, https://www.rns-pdf.londonstockexchange.com/rns/1633W_1-2023-4-13.pdf

The return terms at the end of leases, with Emirate`s are interesting :D

Well i have asked AA4 via email for the timeline to reissue a KID.... Like most companies, small shareholders are ignored, which is very disappointing holding a 100K +

If it follows previous patterns, should be issued this week, one hopes :(

Credit Suisse shareholders were deprived of a vote on the deal and will receive one share in UBS for every 22.48 shares they own, valuing the bank at $3.15bn (£2.6bn).

Just waiting for the Powell and the Fed to torpedo the markets this week :) The bargain shares on offer ;p

Key Information missing for HL.... stuck as a sell only until they realize AA4 isn't a Bank, or a piece of paper :D

Nice to, have some stability in the portfolio.

With most airlines now having left the Covid crisis behind and air travel demand skyrocketing, passenger capacity is needed more than ever, and this positively affects MRO demand for the A380.

https://simpleflying.com/lufthansa-emirates-airbus-a380-landing-gear-overhaul-london/

DM, using different brokers and such..
The worst i have had, is from HL and 19 days for a Capital payment to be credit to the account... Who ever thought crest had a snail mail option for Uk.

Nothing surprises me with some companies, even had to argue over my last PBR.A dividends with FT as they listed the withholding tax as 76%

Just had a speedy HL email, shock horror before the event....
Amedeo Air Four Plus Ltd is undergoing a Compulsory Partial Redemption whereby holders as at the close of business on Tuesday 28 February 2023 are due to have approximately 12.5% of their shareholding redeemed, resulting in a payment of approximately 64.50p per share redeemed.

Please note that trading will be temporarily suspended from the close of business on Tuesday 28 February 2023 as a result of the Compulsory Partial Redemption but the new shares will be available for trading again from Wednesday 1 March 2023.

The redemption proceeds are due from Tuesday 14 March 2023. Once the proceeds have been credited to your account, you will be sent confirmation.

HL seem to hang on to monies for days, and weeks past other brokers. Seems strange to take so long.

DM,
Not so much growing but more steady eddie shares, contributing to that snowball roll over :D

With the following 3 as an example you have Medical paging, Minerals & a BDC = SPOK holdings. (US Nasdaq). 13.4%, Elkem (NOK) 15.8%, PNNT (NYSE) 12.9%.
And these will all pay just before the AA4 X DIV date for April, and so be rolled into more AA4 shares :)

Sorry, if off topic for others :D