Avation powers ahead
Book value per share rose 41% to US$3.10 from US$2.20. Avation shares currently trade at just below £2.
Company
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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Book value per share rose 41% to US$3.10 from US$2.20. Avation shares currently trade at just below £2.
Investments and investor services
FTSE 100 shares closed lower, dragged down by weaker US stocks and a flurry of ex-dividend stocks in London
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Shire will complete the fourth-quarter results announcements from the FTSE 100-listed pharma giants following numbers from Astra and Glaxo
"We are very pleased to add Avation to the growing list of customers of Novus" said Mounir Kuzbari, MD at Novus.
Archive
A glance at some of the stories on the Proactive newswire today
The final Airbus delivered to VietJet this year is equipped with CFM International CFM56-5B3/3 engines and seating for 230 passengers
Archive
A glance at some of the stories on the Proactive newswire today
The craft were more than 20 years old and have been sold at a price on or around book value
The new Airbus will deployed by Vietjet in its expanding route network of domestic and international destinations from multiple bases in Vietnam.
A round-up of the stories on the Proactive newswire today
The firm has received an expression of interest for the 22 planes, which consist of relatively new aircraft
It is the fourth sale and delivery of an order for six new A321-200 aircraft to VietJet Air.
The group told investors the net proceeds of any deal would need to deliver shareholders significant value above book value
Medical imaging specialist Feedback saw sharply reduced losses and better-than-expected cash generation in the year to the end of May.
The average aircraft fleet age at the end of September this year was 3.2 years (5.4 years in 2015).
The leasing specialist said the 2003 built Airbus A321 aircraft which were leased to Thomas Cook Airlines have been sold
The firm rents out aircraft to airlines around the world, including Thomas Cook and Virgin, and it currently has a fleet of 38 planes.
The window for all appeals against Sirius Minerals' North Yorkshire project has ended, Tower Resources raises £1.03mln of new capital and Avation has reported record revenues.
For the year to June 30, the firm reported a 25% increase in lease revenue to US$71.2 million
Dechra Pharmaceuticals, housebuilders Berkeley and Barratt, Halfords, Dixons Carphone, and JD Whetherspoon are on the agenda.