Avation Share News (AVAP)

EARNINGS AND TRADING: Dar Global celebrates "outstanding" year

(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:

IN BRIEF: Avation completes refinancing of four aircraft

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."

IN BRIEF: Avation successfully delivers Airbus A320 to Cebu Pacific

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.

Avation gets takeover approach but ends talks, says well-positioned

(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.

UK shareholder meetings calendar - next 7 days

DIRECTOR DEALINGS: Avation exec chair sells; CAB risk chief buys

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News:

TRADING UPDATES: Solid State expects higher annual revenue

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

EARNINGS: Dekel hails palm oil operation; Science in Sport revenue up

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

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.