Amedeo Air Four Plus Limited, via its wholly-owned subsidiary AA4P Epsilon Limited, on 19 February 2016 purchased directly from Airbus one A380 aircraft bearing manufacturer’s serial number 206 at a net cost to the Company of US$275 million. The Aircraft is the Fifth Asset to be acquired by the Company.
Following acquisition of the Aircraft, AA4P Epsilon Limited entered into Aircraft Operating Lease arrangements with Emirates airline pursuant to which the Aircraft has been leased to Emirates for a term of 12 years, with fixed lease rentals for the duration. Following this purchase, the Company therefore now owns five A380s which have all been leased to Emirates.
AA4 : Amedeo Air Four Plus buys fifth A380