Airbus-leasing Guernsey company’s stock exchange listing makes history

Friday 21st January 2011, 2:30PM GMT.

Doric Nimrod Air One is leasing its £114m. Airbus A380 to Emirates for 12 years.

GUERNSEY is home to another first in the investment sector.

Doric Nimrod Air One, a new Guernsey company, has listed on the London Stock Exchange offering investment in an A380 aircraft operated by Emirates.

The company has been established by London-based financial advisers Nimrod Capital and Doric Asset Finance, a Frankfurt-based aircraft leasing group that specialises in financing A380s.

Doric has arranged similar investment vehicles in Germany for some of the eight other A380s it has financed. However, these were unquoted private partnerships and, according to the Financial Times, the new company is thought to be the first to be listed on a regulated stock exchange.