Avation Share News (AVAP)

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: Avation enters new lease for Airbus A320 with Cebu

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Avation optimistic of pipeline on return to air travel post-Covid

(Alliance News) - Avation PLC on Wednesday said that it has continued to benefit from the post-Covid return to air travel, as aircraft market values increased over the last half.

Avation signs new lease deal with airline in Pacific for six years

(Alliance News) - Avation PLC on Wednesday said it has entered into a new lease agreement with an unnamed airline in the Pacific for its final remaining aircraft from inventory.

TRADING UPDATES: Datalex and SpaceandPeople extend deals

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

IN BRIEF: Avation ATR72-600 aircraft lease deal delivered to customer

Avation PLC - Singapore-based passenger aircraft leasing firm - Says the lease of ATR72-600 aircraft has been delivered to a new airline customer in the Pacific Region. The lease agreement is for an ATR 72-600 aircraft that was repossessed in August 2022, following the default of an airline in Myanmar. The lease began on March 18.

Avation swings to half-year profit, reduces aircraft impairment loss

(Alliance News) - Avation PLC on Friday said it swung an interim profit despite revenue falling, as it significantly reduced its aircraft impairment loss.

IN BRIEF: Avation signs agreement with new airline customer

Avation PLC - Singapore-based passenger aircraft leasing firm - Signs a lease agreement with new airline customer in the Pacific region. Says the lease is for an ATR 72-600 aircraft that was repossessed in August 2022, following the default of an airline in Myanmar. The aircraft is due to be delivered to the new customer for a lease term of 24 months. Notes that this reduces the number of off-lease aircraft in Avation's fleet to two from three.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Avation expects annual results ahead of expectations

Avation PLC - Singapore-based passenger aircraft leasing firm - Expects financial 2023 ending June 30 results to be "significantly ahead of market expectations". Says it is helped by lower than anticipated aircraft transition costs. Notes lower administration and legal costs, alongside improvements in finance income. Also gains on an investment in a listed airline. Avation will post an interim report for the six months that ended December 31 on March 31.

Avation sells Boeing 737-800 in move to newer low CO2 fleet

(Alliance News) - Avation PLC on Thursday said it has sold a Boeing 737-800 aircraft, as it looks to transition to newer low-carbon emission planes.

IN BRIEF: Avation extends tender offer for senior notes to February 17

Avation PLC - Singapore-based passenger aircraft leasing firm - Says Avation Capital SA extends tender offer for 9.00%/8.25% senior pik toggle notes due October 31, 2026 under USD1.0 billion global medium term note programme. Originally scheduled to expire this week Thursday, it is extended to next week Friday.

Avation expects interim revenue decline amid airline industry recovery

(Alliance News) - Avation PLC on Friday said it expects its revenue to fall as it noted that the airline industry is recovering from Covid-19 restrictions.

Avation H1 revenues down amid airline sector recovery

(Sharecast News) - Aircraft leasing firm Avation said on Friday that interim revenues had fallen as the airline sector continues to recover from the Covid-19 pandemic.

IN BRIEF: Avation increases tender offer for medium-term notes

Avation PLC - Singapore-based passenger aircraft leasing firm - Increases cap for tender offer of medium-term notes to USD100.0 million from USD60.0 million. Total consideration will now be set at a fixed price of USD860 for each USD1,000 principal amount of notes validly tendered.