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Avation PLC's 'never looked stronger' - CFO Richard Wolanski

Richard Wolanski, CFO at Avation PLC (LON:AVAP), caught up with Proactive following the release of their first half update.

The fleet is now worth over US$1bn following a spate of purchases in December.

Avation started to re-jig its portfolio last June when it sold six ATR turbo-prop planes, which it replaced with its first twin-aisled jet (a Boeing 777-300ER) and three others in December.

Four new airlines have become customers, while the fleet now comprises 37 aircraft.

Quick facts: Avation PLC

Price: 269.5 GBX

LSE:AVAP
Market: LSE
Market Cap: £169.27 m
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Full interview: Avation PLC soaring as it reports record revenue, profit and...

Avation PLC's (LON:AVAP) Richard Wolanski caught up with Proactive London's Andrew Scott following the release of the aircraft leasing company's full year results to June 2019. The firm achieved both record revenues and profits and investors were rewarded with a bumper dividend pay-out too.

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