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Transport

Avation sees revenues up 25% in 2015

Avation anticipates sales in 2015 will be around US$71mln

Avation PLC (LON:AVAP) expects to report solid revenue growth when it reveals results for the full-year to June 30th on September 8th.

The aircraft leasing firm said in a trading update on Thursday that it anticipates sales in 2015 will be around US$71mln, 25% higher than the previous year.

The company, which now has 39 owned aircraft in its fleet, also noted that it is to continue with its strategy to sell off older aircraft, while delivering on its order book for new planes, the next of which is scheduled for the end of this month.

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