Register Log-in Investor Type

Amedeo Air Four Plus buys new plane for Thai Airways

Amedeo Air Four Plus buys new plane for Thai Airways – Amedeo Air Four Plus, via its wholly-owned subsidiary, AA4P Mu Limited, reports the purchase of one A350-900 aircraft, bearing manufacturer’s serial number 130, on 31 August, 2017, placed on lease to Thai Airways International Public Company Limited for a term of 12 years.

Following this purchase, the company will own eight A380-800, two B777-300ER and two A350-900 aircraft, each of which have been leased to either Emirates Airline, Etihad Airways PJSC or Thai Airways, as applicable.

The company currently targets a distribution to investors of 2.0625 pence per Share per quarter.

Amedeo Air Four Plus 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) since May, 2015.  On 30 August, 2017, the market value of the company was GBP642.5 million.

About the aircraft

Airbus’ marketing blurb for the plane says: “The A350-900 is the cornerstone member of Airbus’ all-new A350 XWB Family, which is destined to shape the future of medium, long and ultra-long haul travel. This jetliner accommodates 325 passengers in a standard three-class configuration and its state-of-the-art comfort and amenities ensure that everyone on-board enjoys a pleasant flight.

Like all members of the A350 XWB Family, the A350-900 benefits from having the most modern cabin – delivering new standards of comfort to passengers throughout the flight. The advances made in the A350 XWB’s cabin have led to development of the Airspace by Airbus concept, which delivers the perfect space for passenger well-being – exemplified by the A350 XWB – to the rest of Airbus’ aircraft families. 

Passengers on the A350-900 can look forward to a spacious, elegantly-lit cabin as they settle into Airbus’ wider seats for an enjoyable flight.

The quietness of the cabin contributes to a relaxing environment, while the latest in-flight entertainment allows passengers to access movies on demand or stay-up-to-date with the world below thanks to Wi-Fi and mobile phone connectivity – whether it’s for social media, replying to important business emails or something else.

Incorporating advances in flight controls, systems and wing design, the A350-800 is a truly state-of-the-art aircraft. These developments have a genuine impact in terms of safety, maintenance and efficiency, meaning that the aircraft reduces its fuel burn significantly – generating savings and reducing its environmental impact. 

As with all A350 XWB models, the fuselage is built with carbon-fibre reinforced plastic (CFRP) – which supports lower fuel burn, easier maintenance and increased resistance to corrosion. The jetliner’s wings also are more efficient and quieter due to their advanced design, which allows them to adapt while airborne – tailoring it for maximum aerodynamic efficiency in the various phases of flight.

As part of its philosophy of continuous innovation, Airbus has launched the Ultra-Long Range version of the A350-900. Designated as the A350-900ULR, the jetliner offers increased fuel-carrying capacity of up to 165,000 litres and a higher 280-tonne maximum takeoff weight, enabling service on non-stop flights of up to 19 hours.  

Benefitting from the A350 XWB’s unique flexibility, the extended range capability does not involve installation of additional fuel tanks (just an adaptation of the fuel system within the existing fuel tank), and the A350-900ULR can be reconfigured to the standard long-haul specifications if required by the operator.”

AA4 : Amedeo Air Four Plus buys new plane for Thai Airways

Leave a Reply

Your email address will not be published. Required fields are marked *

Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.

You live in…

You are a…