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11 Aug 2023 07:00
11 August 2023
AMEDEO AIR FOUR PLUS LIMITED (the "Company") (LSE: AA4, LEI: 21380056PDNOTWERG107)Factsheet & Notice of Investor Call
The Company announces that its factsheet for the period to 30 June 2023 is now available on its website at http://www.aa4plus.gg. An extract from the Chairman's statement within the factsheet is reproduced below.
http://www.rns-pdf.londonstockexchange.com/rns/9900I_1-2023-8-10.pdf
Demand for flying remains strong, especially for short haul travel, and airlines are generating good profits. Long haul travel remains slightly below its peak, depending on the route, and whilst many airlines have been able to repay the considerable debt incurred during Covid, rising interest rates, inflation and rising oil prices remain concerns, along with the capacity constraints caused by new aircraft delays and maintenance capacity shortages.
There is much focus on the steady return to service of the Airbus A380. Its future is dependent on Emirates and those who follow the pronouncements of Sir Tim Clark will be in no doubt that he is very concerned that the aircraft he ordered to replace the A380 are not arriving on time, or even at all, with specific concerns surrounding the B777-X programme.
Amedeo has looked into the reported wing spar issue for certain aircraft stored in high temperature environments and will make sure that ours are inspected and treated appropriately. We know there is a repair for this issue and we are not concerned for our aircraft.
Please note that after much effort from Amedeo and some of the directors, there is a new website www.aa4plus.gg
Notice of Investor Call
Further to the announcement of the annual report of the Company on 31 July 2023, the Board is pleased to invite shareholders to join a webinar to be held on 29 August 2023 at 2.00 p.m.
The Board will provide shareholders with an update on the Company and shareholders will have the opportunity to ask questions during a Q&A session.
Shareholders who wish to attend the webinar should register their interest by contacting JTC at: AA4P.Cosec@jtcgroup.com before 5.00 p.m. BST on 24 August 2023.
For further information, please contact:
JTC Fund Solutions (Guernsey) Limited
+44 (0) 1481 702 400
Liberum Capital Limited
Chris Clarke / Darren Vickers / Owen Matthews
+44 (0) 20 3100 2000
About the Company
The Company is a Guernsey-domiciled company, with shares admitted to trading on the Specialist Fund Segment of the London Stock Exchange's Main Market (LSE: AA4).
The Company's investment objective is to obtain income returns and a capital return for its Shareholders by acquiring, leasing and then selling aircraft.
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