Avation Share News (AVAP)

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

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

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

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

STOCKS NEWS EUROPE-UK's AIM small caps rise, outpace blue-chips

The FTSE AIM All Share small caps index closes 0.2 percent higher, while the blue-chip FTSE 100 index dip 0.3 percent and the FTSE 250 mid-cap index declines 0.6 percent. Aircraft leasing company Aviation Plc also flies 8.8 percent higher after reaching a deal to sell two new planes and add

Avation Takes Delivery Of Latest Aircraft, Which Is Already Leased

Sunday share tips: J.Sainsbury, Avation, Crest Nicholson

J Sainsbury seems to have stolen a march on rivals in the first quarter. Yes, like-for-like sales slowed, but the company maintained guidance for growth of 1 per cent to 1.5 per cent over the course of the year. Particularly noteworthy, customers seem to have taken the firm up on its challenge to "t

Avation acquires new aircraft ATR 72-600

Commercial passenger aircraft leasing company Avation, has acquired an additional ATR 72-600 series aircraft. The company said the aircraft was accepted by Avation on May 31st at ATR's manufacturing facility in Toulouse, France and it was the sixth ATR 72-600 to be added to Avation's fleet overal

Avation profits soar on fleet deliveries

Singapore aircraft leasing company Avation on Monday reported a 38.7 per cent rise in net profits for the last half of 2012, buoyed by fleet deliveries. The group posted £2.85m consolidated net profit after tax for the six months to December 31st. Earnings per share grew 21.7% to 6.44p. Revenues c

Monday broker round-up UPDATE

Aquarius Platinum: Deutsche Bank shifts target price from 82p to 83p keeping a buy recommendation. AstraZaneca: JP Morgan cuts target price from 2970p to 2750p and retains an underweight rating. Avation: WH Ireland ups target price from 120p to 140p, while its buy recommendation is kept. Bellway: