Aircraft leasing is a highly lucrative business as Doric Nimrod Air Three Ltd (LON:DNA3), listed on the London Stock Exchange Group Plc (LON:LSE), has proven. Doric Nimrod launched with the goal of purchasing eight Airbus A380’s, which it would then lease to Emirates. Cash from the IPO along with some debt funded by Goldman funded the acquisitions. Its stock is preferred and is targeting an annual dividend payout of 8p per share, or 8 percent based on its issue price of 100p. The preferred stock effectively trades like a bond, chucking cash from aircraft leasing operations. Aircastle offers an interesting,…
Aircastle Limited Offers A Valuable Aircraft Leasing Opportunity
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