MoneyWeek

A boost for the A380

■ Delays to Boeing’s new 777X wide-body aircraft could be a boost to the, and aircraft leasing funds, says The Wall Street Journal. The 777X is not expected before 2025, increasing the odds that Emirates Airline will need the Airbus A380s that it leases from these funds for longer. In July, Emirates agreed to buy the sole A380 owned by another fund,, for about $30m after its lease expired. Yet the share prices of DNA2 and DNA3 imply a residual value for their planes of $15m. If Emirates doesn’t want these, the $12m it must pay to return them in used condition plus scrap value should cover that. But it’s more likely it will want to extend the leases or buy the planes.

You’re reading a preview, subscribe to read more.

More from MoneyWeek

MoneyWeek1 min read
Viewpoint
“The tech sell-off has disguised a healthier market than the drop in the headline index level might suggest. Nearly three-quarters of US shares are in an uptrend. Pessimism sounds clever. But it only rarely makes sense for investors. So why do we lis
MoneyWeek1 min read
Time’s Up For Speculators
A decade of rock-bottom interest rates transformed the world of collecting from one of enthusiasts trading among themselves to a cutthroat world of speculators seeking returns from alternative assets, says Hugo Cox in the Financial Times. The upshot
MoneyWeek2 min read
More Grief For Google
Legal pressure in both Europe and the US could result in Google facing billions in fines and even being broken up, say Adam Satariano and Jenny Gross in The New York Times. In particular, the EU’s highest court denied the company’s appeal over a deci

Related Books & Audiobooks