Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

IN BRIEF: Avation sells two ATR aircraft to Danish Air Transport

30th Aug 2024 22:02

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."

Current stock price: 133.00 pence per share, closed 0.8% lower on Friday in London

12-month change: up 29%

By Tom Budszus, Alliance News slot editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

FTSE 100 Latest
Value8,125.19
Change52.80