TRADING UPDATES: Unicorn Mineral; Helix Exploration agree acquisitions
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on xxxday 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 xxxday and not separately reported by Alliance News: Read More
Avation PLC - Singapore‑based aircraft leasing - Leases an ATR 72-600 aircraft to FlyJaya, an Indonesia-based airline, for eight years to 2034. Avation doesn't provide financial details of the contract but says it is at "current market lease rates". The aircraft is delivered to FlyJaya, a new customer for Avation, on Wednesday. "In a period of elevated jet fuel prices, regional air connectivity remains critical to local communities, particularly in countries with extensive airport networks and numerous islands," says Executive Chair Jeff Chatfield. Read More
Avation PLC - Singapore-based aircraft leasing company - Says it doesn't expect any direct financial impact from the conflict in the Middle East due to the geographical distributions of its customers. It also reports that it has entered into a letter of intent with a European airline for the lease of two ATR 72-600 which came back into Aviation's possession following the reconstruction of Braathens Regional Airways AB, a virtual airline based in Sweden. Five further ATR 72-600 will be delivered to the company between 2028 and 2029 as it has converted five of its 24 purchase rights into firm orders, bringing the undelivered ATR 72-600 order book to 14 planes. The purchases are expected to be fully funded by organic cash flows. Read More
(Alliance News) - Avation PLC on Thursday reported a narrowed interim loss amid increased revenue, as management said the company is well positioned to "navigate prevailing market conditions". 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
Avation PLC - Singapore-based commercial aircraft leasing company - Signs 12-year lease agreement with Cambodia Airways Co Ltd for new ATR 72-600 aircraft. It will be the second Avation owned plane placed with the Phnom Penh-based airline and is scheduled to be delivered new in October. Executive Chair Jeff Chatfield says: "We are pleased to further our collaboration with Cambodia Airways and secure an additional long-term lease for our ATR orderbook." Read More
Avation PLC - Singapore-based commercial aircraft leasing company - Signs six-year lease agreement with Clic Air, a Bogota-based airline, for an ATR 72-600 aircraft. Avation says: "The aircraft is currently being transitioned after being returned by the previous operator and is scheduled for delivery to Clic Air, following the completion of scheduled maintenance checks and standard inspections." Read More
(Alliance News) - Avation PLC on Tuesday said it has delivered a new ATR 72-600 aircraft to South Korean airline SUM Air, marking the airline's first ATR aircraft and Avation's first customer in South Korea. Read More
(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