Latest Share Chat

IN BRIEF: Avation completes sale of Airbus A220-300 aircraft

Tue, 19th Oct 2021 20:14

Avation PLC - Singapore-based aircraft leasing company - Says it has completed the sale of one Airbus A220-300 aircraft with manufacturer serial number 55034, currently on lease to Latvian carrier, airBaltic.

Chair Jeff Chatfield says: "We are pleased to have completed this transaction for portfolio management purposes. This transaction demonstrates the recovery of the secondary market in the latest technology low emission, single-aisle aircraft, such as the Airbus A220."

Current stock price: 101.50 pence

Year-to-date change: down 20%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Related Shares

More News

25 Apr 2024 20:57

TRADING UPDATES: Norcros sells Johnson Tiles UK; Trifast trading well

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

1 Mar 2024 13:34

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...

15 Dec 2023 12:19

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 port...

4 Dec 2023 11:58

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 h...

23 Nov 2023 13:06

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 conversa...