| Philosophy |
Investments in tangible assets such as aircraft generally retain their value well, providing real value in the case of monetary inflation, and have good earning power if
- they are economical and reliable, fulfilling airlines' requirements
- the initial operator has a successful business model, which it consistently and professionally pursues
- the debt is amortised quickly, i.e. by the end of the term of the first lease, and
- the largely debt-free asset can be flexibly remarketed.
The Doric Aircraft Fund 5 – with Emirates as the initial lessee of a Boeing 777-300ER – successfully combines all these aspects. Investors can look forward to stable, long-term income from the lease of the aircraft which forms the backbone of many a successful airline. |