DPAD – DP Aircraft I Ltd

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Recommendation Rating

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

DP Aircraft I Limited is a Guernsey-based holding company. The Company’s principal activity is to purchase, lease and then sell Boeing 787-8 Aircraft (the Assets). The Company’s investment objective is to obtain income returns and a capital return for its shareholders by acquiring, leasing and then, when the board considers it is appropriate, selling aircraft. The Company makes its investments in aircraft through its subsidiaries, DP Aircraft Guernsey III Limited, DP Aircraft Guernsey IV Limited, DP Aircraft Ireland Limited, and DP Aircraft UK Limited. The Company owns two Boeing 787-8 aircraft, manufacturer serial number (MSN) 35304 and MSN 35305, both on a long-term lease with Norwegian Air Shuttle ASA, as well as two Boeing 787-8 aircraft, MSN 35320, and MSN 36110, both on a long-term lease with Thai Airways International PCL.

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