Amedeo Air Four Plus Limited Modification of two A380s (8168T)
November 19 2019 - 2:00AM
UK Regulatory
TIDMAA4
RNS Number : 8168T
Amedeo Air Four Plus Limited
19 November 2019
19 November 2019
AMEDEO AIR FOUR PLUS LIMITED (the "Company")
Legal Entity Identifier: 21380056PDNOTWERG107
Modification of two A380s operated by Emirates
The Board of directors of the Company announces that Emirates,
lessee of six of the Company's A380s, has requested permission to
modify two aircraft (serial numbers MSN 201 and MSN 208) through a
configuration change which will expand the existing business class
cabin and introduce a new premium economy class in the upper
forward cabin. Emirates will initiate this exercise once the
relevant service bulletin is issued by the Original Equipment
Manufacturer ("OEM"). Emirates regards this modification as a
beneficial brand enhancement, intended to further raise the levels
of customer service, comfort and experience on its A380 fleet.
The Company's asset manager, Amedeo Limited ("Amedeo"), has
advised the Board that it considers that these modifications have
the potential to improve the marketability of the aircraft, and as
a result will benefit the Company's shareholders. The Board has
instructed Amedeo to amend the existing lease agreements in
relation to these two aircraft to reflect the proposed changes
subject to Emirates confirmation.
As part of the configuration change it is proposed that the U3R
and U3L doors will be modified but that their status change will
have no impact on the operational capability and airworthiness of
the aircraft.
All costs of the process will be borne by Emirates, and the
modifications made are intended to remain part of the aircraft upon
expiry of the lease agreements with Emirates. Emirates will be
obliged to continue lease payments to the Company during any
downtime, and any modifications to the aircraft will be made in
accordance with the relevant OEM manuals and will be approved by
the relevant aviation regulation authorities.
For further information please contact:
Administrative Enquiries:
JTC Fund Solutions (Guernsey) Limited
+44 (0) 1481 702 400
Shareholder Enquiries:
Nimrod Capital LLP
Richard Bolchover
Marc Gordon
+44 (0) 207 382 4565
info@nimrodcapital.com
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END
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