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Pin to quick picksDp Aircraft I Regulatory News (DPA)

Share Price Information for Dp Aircraft I (DPA)

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DP Aircraft I is an Investment Trust

To obtain income returns and a capital return for its shareholders by acquiring, leasing and selling aircraft.

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Company Update

9 Apr 2020 07:00

RNS Number : 2855J
DP Aircraft I Limited
09 April 2020
 

9 April 2020

DP Aircraft I Limited

Company Update

The Board of DP Aircraft I Limited (the "Company") announces that, in response to a written request from Thai Airways ("Thai") that the Company consider affording Thai a temporary relaxation of its lease payment obligations to the Company in light of the ongoing Covid-19 crisis, discussions will begin today with Thai to ascertain whether and on what basis the existing lease arrangements might be reviewed. Thai has emphasised that it remains fully committed to its obligations, and to date it has made all payments due to the Company in full and in a timely fashion.

 

In considering the most appropriate course of action, the Board will also liaise with the Company's lending banks and, as previously noted, will prioritise the preservation of the Company's long-term financial stability. The Board will make a further announcement as and when there are any new material developments.

 

For further information please contact: 

Aztec Financial Services (Guernsey) Limited, Company Secretary

+44 1481 748833

Kellie Blondel / Laura Dunning

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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