(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Avation PLC - Singapore-based commercial aircraft leasing company - Agrees four-year lease extension with Taiwan's EVA air for its A330-300 widebody aircraft. Says the new lease expires in November 2031. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Avation PLC - Singapore-based commercial aircraft leasing company - Appoints Wells Fargo & Co Securities and HSBC Holdings PLC to arrange global fixed income investor meetings, to start on Wednesday. It says an offering of between USD300 million and USD400 million up to 5.5 NC2 years senior unsecured notes may follow. Read More
(Alliance News) - Avation PLC on Thursday reported a "year of consolidation", as it posted revenue gains but saw its bottom line hurt by unrealised losses. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More
Avation PLC - Singapore-based commercial aircraft leasing company - Completes sale of one Boeing B777-300ER, currently on lease to Philippine Airlines. Says it decided to divest the asset to capitalise on favourable market conditions. Notes that the sale has generated "material profit above book value," with significant cash released post transaction. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Avation PLC - Singapore-based commercial aircraft leasing company - Signs lease agreement with South Korean airline SUM Air for a new ATR 72-600 aircraft. Says the aircraft is one of 10 ATR 72-600 aircraft ordered by Avation last year as part of the exercise of purchase rights under its purchase contract with ATR, the aircraft manufacturer. Adds that the aircraft is set to be delivered in November this year. Read More
Avation PLC - Singapore-based aircraft leasing company - Signs six-year lease agreement with existing customer PNG Air for one ATR 72-600 aircraft currently on lease to Mandarin Airlines. The 72-seat aircraft is scheduled to be returned and to be transitioned to PNG Air during the fourth quarter of 2025. PNG Air flies to more the 20 destinations in Papua New Guinea. Read More
(Alliance News) - Avation PLC on Thursday said it had completed its latest aircraft sale and said the modern commercial aircraft market is "extremely robust". Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Avation PLC on Wednesday said it has signed a six-year lease agreement with Colombian carrier Clic Air SA for an ATR 72-600 aircraft, marking the aircraft lessor's first foray into the South American market. Read More
Avation PLC - Singapore-based aircraft leasing company - Completes acquisition of an Airbus SE A320 aircraft on a long-term lease to Etihad Airlines. The deal increases Avation's fleet to 33 leased aircraft. The lease of the 2013-built aircraft will last until October 2031. Read More
(Alliance News) - Avation PLC on Tuesday said it is considering a move to the Equity Shares (Commercial Companies) category of the London Stock Exchange, and reported a widened loss for the first six months of its financial year. Read More
Avation PLC - Singapore-based aircraft leasing - Confirms that Philippine Airlines has not exercised the early termination option on its lease of a Boeing 777-300ER narrow body aircraft from Avation. The option has expired as a result, and the lease will run its term to December 2029. Avation says its confirmation is in response to a question from an analyst. It doesn't provide the value of the lease. Philippine Airlines underwent a restructuring plan in 2021 in the wake of the Covid-19 pandemic but retained the lease on the Boeing jet at that time. "Avation intends to grow its narrow body aircraft portfolio in the near term," comments Executive Chair Jeff Chatfield. "Avation's fleet of aircraft is currently fully placed and being utilized." Read More