LONDON (Alliance News) - Aircraft leasing company Avation PLC Thursday said it will issue 381,679 new shares to pay for 2.5 million more shares in Capital Lease Aviation PLC, taking its voting rights in Capital Lease to 68.85%, from 66.27%. Shares in AIM-listed Capital Lease Aviation last t Read More

Avation Expects Full-Year Revenue, Profit Growth; Confident For 2015

11th Jun 2014 10:56

LONDON (Alliance News) - Aircraft leasing company Avation PLC Wednesday gave a bullish outlook for its revenue and pretax profit growth in the year ending June 30, and expressed confidence for 2015. The company expects net revenues to exceed market expectations, rising 29% to around USD55 m Read More

Avation Leases Out 16th New ATR 72 Aircraft To Fiji Airways

2nd Jun 2014 08:49

LONDON (Alliance News) - Avation PLC Monday said its has delivered its 16th new ATR 72 aircraft, which is said it has already leased out to Fiji Airways for a 12-year period. The commercial passenger aircraft leasing company said the aircraft was funded using its own resources and supplemen Read More

Avation Approved For Singapore Aircraft Leasing Scheme

12th May 2014 09:03

LONDON (Alliance News) - Avation PLC said Monday it has been approved for entry into Singapore's Aircraft Leasing Scheme. The commercial passenger aircraft leasing company said the scheme is a tax incentive for aircraft lessors with corporate headquarters in Singapore and provides members w Read More

Avation Expects At Least USD1.6 Million Annual Savings From Refinancing

10th Apr 2014 10:27

LONDON (Alliance News) - Avation PLC Thursday said it has completed a refinancing deal that lowers the cost on USD33.0 million of its senior debt, with the company expecting to save more than USD1.6 million a year in interest. In a statement, Avation said the interest rates applicable under Read More

Avation Secures Lease Contract With UNI Airways

2nd Apr 2014 10:00

LONDON (Alliance News) - Avation PLC said Wednesday it has entered into an aircraft lease agreement with Taiwanese domestic airline, UNI Airways Corporation. The commercial passenger aircraft leasing company said the agreements are for the lease of two new ATR 72-600 to be delivered in the Read More

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