ADVFN ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

Doric Nimrod Air Three Agrees to Sell Entire Airbus A380 Fleet to Emirates

Market News
11 July 2025 8:42AM

Doric Nimrod Air Three Limited (LSE:DNA3) has finalized a deal with Emirates to divest its entire fleet of four Airbus A380-861 aircraft. The transactions are scheduled to take place between August and November 2025, with total proceeds from the sale amounting to £131.91 million. Following the completion of these sales, the company intends to return capital to shareholders and begin the process of winding down operations, with full liquidation expected in 2026.

The company’s financial profile remains strong, supported by consistent profitability and effective cash flow management. Its shares appear undervalued based on current valuation metrics, and a high dividend yield continues to attract income-oriented investors. While technical indicators show neutral momentum, Doric Nimrod Air Three benefits from minimal leverage and a solid equity foundation. The recent interim dividend declaration adds further value for shareholders.

About Doric Nimrod Air Three Limited

Based in Guernsey, Doric Nimrod Air Three Limited is an investment company listed on the Specialist Fund Segment of the London Stock Exchange. The company specializes in aircraft leasing, with its fleet of Airbus A380-861 jets leased exclusively to Emirates, which is owned by The Investment Corporation of Dubai.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Some portions of this content may have been generated or assisted by artificial intelligence (AI) tools and been reviewed for accuracy and quality by our editorial team.