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Avation (AVAP) Share News

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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

Avation Completes Sale, Delivery Of New ATR72-600 Aircraft

14th Mar 2014 09:31

LONDON (Alliance News) - Avation PLC, the commercial passenger aircraft leasing company, said Friday that it has completed the sale and delivery of a new ATR72-600 aircraft. Avation said the aircraft will be operated by a start-up airline in Myanmar in Southeast Asia. No financial det Read More

DIRECTOR DEALINGS: Avation Executives Exercise Warrants

7th Mar 2014 10:43

LONDON (Alliance News) - Avation PLC said Friday that it had allotted 159,225 shares to a group of executives following the exercise of warrants at a price of 110.5 pence.<br /><br />The allocations following the exercise of warrants were as follows: <br /><br /> <table class="ad" cellspaci Read More

Avation Profits Rise On Back Of 21% Revenue Increase As Aircraft Fleet Expands

25th Feb 2014 13:03

LONDON (Alliance News) - Avation PLC Tuesday reported higher profits for the first half of its financial year, driven by a 21% increase in revenues as it expanded its aircraft fleet, and said it is confident of sustainable growth in 2014 and beyond. The passenger aircraft leasing company, w Read More

Avation Cuts Cost Of Debt On Two Aircraft By About Half, Boosting Earnings

24th Feb 2014 11:33

LONDON (Alliance News) - Avation PLC Monday said it had refinanced USD33 million of senior debt secured against two ATR72 aircraft, cutting the cost of the debt by about half. In a statement, the aircraft leasing company said the deal will provide an immediate boost to earnings. It represen Read More

Avation Takes Delivery Of Latest Aircraft, Which Is Already Leased

16th Sep 2013 10:15

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