Ever wanted to own an A380, but you were nearly $200 million short? Me too. But now you’ve got your chance. Kind of!
A company called Doric Nimrod Air One (sorry, reg req’d) was listed on the London Stock Exchange today, a fact that I mention here because the company’s only asset is 1 A380 that will be leased to Emirates. Now you can buy a share in that A380 for just a few dollars. Of course, you can’t actually fly on it (well you can, you just have to buy a ticket), but you can get some of the financial benefit not generally seen by airlines — you may actually make money. In fact, according to the company, they believe the stock will offer a return on the investment of about 9% annualized.