Avation chosen again by Vietjet
Vietjet is a regular customer of aircraft leasing specialist Avation
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.
337 stories · page 15 of 17
Vietjet is a regular customer of aircraft leasing specialist Avation
LGO Energy has successfully recompleted the GY-277 well, Image Scan is on track to break even, and Avation has purchased and delivered another brand new Airbus.
This is the third brand new plane Avation has bought and then leased out to Vietjet this summer
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The aeroplane will be employed by Vietjet on its expanding route network of domestic and international destinations
Avation anticipates sales in 2015 will be around US$71mln
The key for the London-quoted group is the significant strengthening of Virgin’s balance sheet and, by extension, the receding credit risk posed by the airline.
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Avation has successfully delivered the first in a series of new Airbus A321s to Vietnam carrier Vietjet on schedule.
The Avation fleet, as at May 2, comprised 38 aircraft with an average fleet age of 4.4 years and with an average remaining lease of 6.4 years.
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Aircraft leasing group Avation PLC has bought and delivered a fifth new ATR 72-600 passenger plane to regional airline Flybe Group PLC.
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