Two Dreamliners for Norwegian Air Shuttle ASA – new aircraft fund from the Dr. Peters Group

Dortmund, October 14, 2013 – The Dortmund-based Dr. Peters Group has successfully developed a new aircraft fund for institutional investors and has issued it on the London Stock Exchange. As announced by the Dr. Peters Group , the newly issued investment company, named DP Aircraft I Ltd., is based in Guernsey. Institutional investors from the United Kingdom have invested equity capital in the company amounting to USD 113.0 million. The company has acquired two Boeing B787-8 Dreamliner that are the object of a long-term leasing contract.

The Scandinavian airline Norwegian is leasing the aircraft, which were delivered in June and August 2013, to offer long-haul flights to the United States and Asia. The initial leasing contract runs for twelve years.

The shares in the investment company are listed on the Channel Island Stock Exchange and being traded on the Specialized Fund Market of the London Stock Exchange. For investors in this fund, Dr. Peters calculates a target return of 9% p.a. on the equity capital. “We are extremely pleased to be the first German investment company to successfully acquire two Dreamliners on the basis of a long-term leasing contract with one of the best European airlines, while also winning over institutional investors in the United Kingdom. As the latest operating state-of-the-art aircraft currently on the market, only the Boeing B787 offers the efficiency to realize low-cost long-haul flights. We’re proud that we have been able to support Norwegian in implementing their innovative concept through the financing of two Dreamliners,” said Anselm Gehling, CEO of the Dr. Peters Group. “These are two aircraft of the latest technology for which there is an enormous worldwide market. The growing pains that are currently curculating through the media are typical for new aircraft types, and we are firmly convinced that the Dreamliner has a fantastic future ahead of it.” This is confirmed both by the nearly 1,000 orders Boeing has already received for the B787 family and by the huge interest on the part of investors who have been gained for this investment product containing the two Dreamliners. “In our discussions with institutional investors, we discovered that the British pension funds and (life) insurance companies are very open to investment in aircraft funds, not least in light of their very stable cash flows and manageable risks. We hope that with our great expertise, we will also be able, over the next few months, to interest institutional investors in Germany in aircraft investments with comparable parameters,” Gehling said, addressing the variation in investment behavior to date between German and British investors.

Not least due to this success in the United Kingdom, the Dr. Peters Group continues to identify enormous potential for aircraft investment in the German market. It is intended to expand the range of products for both existing private customers and institutional investors. “With the regulation according to the German Capital Investment Code (Kapitalanlagegesetzbuch, KAGB), with which the Dr. Peters Group is complying having already submitted application for authorization, numerous new opportunities are opening up that we will take advantage of both for our existing private customers and for institutional investors in Germany and abroad,” Anselm Gehling continued. With the current product, the Dr. Peters Group has increased its fleet to a total of 16 aircraft, including a total of eight Airbus A 380s, four Boeing 777s and two Airbus A 319s, in addition to the newly acquired Boeing B787s. For next year, the Dr. Peters Group has planned additional aircraft funds and other real value investments.