DORIC NIMROD AIR ONE LISTS ON LSE

Doric Nimrod Air One, the Frankfurt-based aircraft leasing group that specialises in leasing A380s, is listing on the London Stock Exchange today. The company owns just one A380 aircraft with engines from Engine Alliance rather than the ill-fated Rolls-Royce engines. The aircraft will be operated by Emirates under a 12 year lease that will equate to a 2.25p per £1 share per quarter return for investors. Westpac bank is providing the debt. “We have the security of a fully insured aircraft that uses Engine Alliance engines,” said Marc Gordon, a partner at Nimrod Capital, the London-based financial advisers that set