Company
Avation PLC
LON:AVAP
Avation is a London Stock Exchange main market company quoted on the 06 October 2010. Avation has both its shares AVAP.L and warrants AVAW.L admitted to the LSE. Avation was incorporated 2006 in England and Wales. Avation PLC is a commercial passenger aircraft leasing company owning a fleet of aircraft which it leases to airlines across the world. Avation's future focus are new technology low CO2 emission aircraft. Our current customers include easyJet, Eva Air, Philippine Airlines, Alliance Air India, Vietjet Air, Fiji Airways, Mandarin Airlines, Cebu Pacific, airBaltic and Danish Air Transport. The company’s fleet includes Airbus A320 and A220 aircraft, Boeing 737 NG and 777-300ER aircraft and ATR 72 aircraft.
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Avation successfully refinances two Airbus aircraft
Commercial aircraft leasing company secured fixed-rate term loans from a major Japanese bank
Avation amends staff share warrants worth £1.73mln
The aircraft leasing company has lowered the exercise price and extended the expiry dates of the warrants
Avation back in profit as airline industry recovers from Covid
“The company is optimistic about a future for the leasing industry," Jeff Chatfield, executive chairman, said
Avation forecasts return to full-year profit as air travel recovers
"Overall, we believe that air travel is gradually recovering as evidenced by global passenger numbers,” said the company's executive chairman Jeff Chatfield
Avation leases final ATR 72 aircraft to Nepalese carrier Yeti Airlines
Nepal represents a new jurisdiction for the London-listed aircraft leasing company
Avation credit rating hiked by S&P Global following improved air market conditions
The credit rating agency cited the company's improving capital structure and liquidity
Avation hails improved cash collection, higher aircraft valuations and fleet utilisation
The aircraft lessor said it is conducting a review of its fleet valuation, having taken a cautious approach during the pandemic and made impairments in both of the past years
First sustainable fuel flight sparks new era, says plane maker ATR
Aircraft lessor Avation also welcomed the announcement - it owns 28 ATRs
Avation gets permission from FCA to list its bondholder warrants
A previously announced timetable was delayed as the FCA closed for two weeks over Easter
Avation extends Airbus A320-200 easyJet lease by 44 months
The expiry date for the lease has been extended from March 2023 to October 2026
Avation sees sustainable future through its ATR orderbook
Avation believes that the rising fuel prices will increase demand for planes and engines which are more sustainable
Avation agrees payment plan for last of Covid-19 arrears
Arrears will be recovered as an amortizing loan in aggregate of US$25.9mln