ripskii

Good Dividend News: Nordic American Tanker, Aircastle

Your comments are on target. AYR owns a fleet of next generation aircraft that are the most fuel efficient and hence the most economical to operate at current high fuel prices. They are valued at less than book value of their aircraft and no one is selling their most fuel efficient aircraft near book value. Once the market realizes this fact AYR will recover from their presently valuation. It might be rough ride in between, but eventually this factor will be recognized by value analysis.