Doric Asset Management took delivery of its thirteenth A380 under management. The aircraft with the manufacturer’s serial number (MSN) 103 was acquired by the German closed-end fund SKY CLOUD IV (a GmbH & Co KG type special purpose vehicle) at 18:30 CET on 29th August 2012 in Hamburg. The Airbus A380 is on lease to the Dubai-based carrier Emirates for a period of 12 years. The purchase price of the aircraft was $234 million. The long-term loan of $145 million was provided by a banking consortium led by NordLB. Norton Rose acted as legal advisors on the leasing transaction. The

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In
   
Forgot password? Click here to reset
New User? Click here to register