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IN BRIEF: DP Aircraft I inks $1.5 million loan for Boeing upgrades

ALN

DP Aircraft I Ltd - Guernsey-based company focused on acquiring and selling aircraft - Secures 12-month loan facility worth $1.5 million from Ironsides Holdings LLC. Notes that DP Aircraft Non-Executive Director Robert Knapp provides board representation for Ironsides and associated companies which together hold around 29% of DP Aircraft I’s share capital. Says the loan will be used to facilitate operational enhancements to the Boeing 787-8’s being transferred from Thai Airways International to LOT Polish Airlines.

Current stock price: 17 US cents

12-month change: up 42%

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