CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Guernsey Firm Pioneers Aircraft Leasing Venture

Guernsey Firm Pioneers Aircraft Leasing Venture

by Jason Gorringe,, London

03 August 2011

Another new Guernsey company has for the first time been listed on the London Stock Exchange (LSE) offering investment in A380 aircraft operated by Emirates.

Doric Nimrod Air Two (DNA2) is a Guernsey-domiciled limited liability company which aims to provide investors with income and capital returns through investment in the loan of three Airbus A380 aircraft to Emirates for 12 years. It raised initial capitalization of GBP145m (USD236m) and earlier this month was listed on the LSE’s Specialist Fund Market (SFM), as well as the Channel Islands Stock Exchange (CISX).

DNA2 has been established by London-based financial advisers, Nimrod Capital and Doric Asset Finance, a Frankfurt-based aircraft leasing group that specializes in financing A380s. They were behind a similar, smaller venture named Doric Nimrod Air One, which was also listed on the SFM and CISX at the close of last year but involved the leasing of just one aircraft to Emirates. It was believed to be the first company of its kind to be listed on the London markets.

Nimrod Capital Partner Marc Gordon said: “This opportunity should continue to prove most interesting to UK investors, particularly in the current low-yield environment, as many are looking for high-income investments backed by real and stable assets that can also provide a hedge against inflation.”

The new Guernsey-incorporated entity has Herbert Smith as legal advisers in London and Mourant Ozannes in Guernsey, and the appointed auditor is Deloitte. It is being administered in Guernsey by Anson Fund Managers Limited. The latter are administrators to five of the eleven companies listed on the SFM.

A comprehensive report in our Intelligence Report series giving a country-by-country analysis of offshore investment funds, stock exchanges and trusts, with an analysis of the US QI regime, is available in the Lowtax Library at and a description of the report can be seen at
TAGS: investment | company formation | aviation | Guernsey | United Kingdom | offshore company formation | offshore | stock exchanges | alternative investment

To see today's news, click here.


Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »

Stay Updated

Please enter your email address to join the mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.

To manage your mailing list preferences, please click here »