(Alliance News) - Avation PLC on Monday revealed that a profitable aircraft sale has freed up cash for reinvestment into previously announced orders. Read More
Avation PLC - Singapore-based commercial passenger aircraft leasing - Declares 0.5 pence per share final dividend for the financial year that ended on June 30. It will be Avation's first annual dividend since financial 2020, when it paid 10.6 US cents per share. "We are pleased to return to paying a dividend to reward our shareholders," says Executive Chair Jeff Chatfield. "We will continue to consider the payment of dividends in the future as and when the performance of the company permits." Avation will hold its annual general meeting on December 19 in Singapore. Read More
Avation PLC - Singapore-based commercial passenger aircraft leasing firm - Signs a twelve-year lease agreement with JCAS Airways Co Ltd, a Tokyo-based airline, for a new ATR 72-600 aircraft. This lease is the first of ten ATR 72-600 aircrafts ordered by Avation in May this year, under its long-term purchase contract with ATR. The aircraft is due to be delivered in October 2025, as the first aircraft in JCAS' fleet. Read More
(Alliance News) - The FTSE 100 is opened higher on Friday following rate cuts in the US and UK, with confidence that more will follow despite uncertainty after Trump's election. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced this week and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Avation PLC - Singapore-based commercial passenger aircraft leasing firm - Sells two ATR 72-600 aircraft to Danish Air Transport. Says the sale is at book value and releases net cash proceeds of around USD10 million. Avation Executive Chair Jeff Chatfield says: "We are pleased to have successfully concluded these aircraft sales to our longstanding customer DAT. The company's strategy is to own a balanced portfolio of regional and modern commercial narrowbody aircraft, exiting these two ATR aircraft is aligned with that strategy." Read More
(Alliance News) - Avation PLC on Wednesday said that its main operating subsidiaries have been granted a further five-year tax incentive in Singapore under the Aircraft Leasing Scheme. Read More
Avation PLC - London-based commercial passenger aircraft leasing - Non-Executive Director Douglas Mahoney sells 140,000 shares at average 143.25 pence, worth GBP200,550, on Friday last week. Mahoney retains 730,000 shares, a 1.0% stake. Read More
(Alliance News) - Stock prices in London closed mixed on Friday, with the FTSE 100 finishing lower, but smaller indices ending in the green. Read More
(Alliance News) - Stock prices in London were mostly in the red at midday Friday, as the UK election debate heats up and retail sales come in below expectations. Read More
(Alliance News) - Avation PLC on Friday said it expects profit to top current market expectations. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday 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
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Avation PLC - Singapore-headquartered commercial passenger aircraft leasing company - Refinances four leased aircraft under a loan facility for a portfolio of aircraft provided by Investec Bank PLC. The interest rate on the loans has been fixed at drawdown and the loans mature between May 2026 and November 2027. Chair Jeff Chatfield says: "We are pleased to complete this refinancing in the ordinary course of business with a leading bank. Our view is the bank market remains constructive for routine aircraft finance transactions." Read More
Avation PLC - Singapore-headquartered commercial passenger aircraft leasing company - Says that, further to a previous announcement in September, it has delivered an Airbus A320 aircraft to Cebu Pacific, a Philippines-based low-cost carrier. The market rate operating lease is for a four year term. Says that the aircraft was successfully transitioned from a previous operator following scheduled maintenance checks and reconfiguration. Read More
(Alliance News) - Avation PLC on Thursday revealed it was approached this summer about a potential takeover offer, but it has since ended the conversation, noting that it is well-placed in the current business environment as a public equity-backed aircraft lessor. Read More