21st Aug 2019 11:01
(Alliance News) - DP Aircraft I Ltd said Wednesday Non-Executive Director Angela Behrend-Gornemann will retire at the end of October.
The the aircraft leasing firm said a hiring process - with the aid of third-party recruitment firm - is underway to find a replacement.
On Monday, DP Aircraft reported a slight decline in net assets in the first half but remains positive about the airline industry for the rest of 2019.
At June 30, the aircraft leasing firm's NAV per share stood at USD1.0199, slightly down compared to USD1.0217 at December 31. DP Aircraft owns four Boeing 787-8 aircraft, leasing two to Norwegian Air Shuttle ASA and two to Thai Airways International PLC.
Shares in DP Aircraft were untraded in London on Wednesday at USD0.86 each.
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