Avation to pay down debt, optimise fleet after Boeing aircraft sale

11th Jun 2025 14:31

(Sharecast News) - Aircraft leasing company Avation is to sell a Boeing 777-300ER widebody aircraft for a "material profit above book value".

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Canaccord Genuity lowers target price on Avation

26th Sep 2024 12:47

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on commercial passenger aircraft leasing business Avation from 280.0p to 255.0p on Thursday, a more than 50% net asset value discount despite upward pressure on fleet and order book values.

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Avation H1 revenues down amid airline sector recovery

3rd Feb 2023 11:22

(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.

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Canaccord nearly doubles target for Avation, sees strong demand for aircraft leasing

29th Sep 2022 09:17

(Sharecast News) - Analysts at Canaccord Genuity stood by their 'buy' recommendation for shares of Avation, alongside a steep hike in their target price, telling clients that the 2023 financial year would see the company build on the prior year's progress.

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Avation delivers ex-Virgin ATR to regional Australian airline

12th Oct 2021 14:41

(Sharecast News) - Commercial passenger aircraft leasing company Avation has delivered an ATR 72-500 turboprop aircraft to the Australian airline Hevilift, it announced on Tuesday.

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Avation enters agreements over Virgin Australia aircraft

19th Jun 2020 12:01

(Sharecast News) - Aircraft leasing company Avation said it had struck a deal on five aircraft that were on lease to Virgin Australia, which entered administration on 21 April.

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Avation negotiates six-year extension on 737 lease

18th May 2020 15:40

(Sharecast News) - Commercial passenger aircraft leasing company Avation has negotiated a six-year lease extension on an Asian flag carrier-operated Boeing 737-800 aircraft.

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Avation sees solid growth in first half

28th Feb 2020 14:26

(Sharecast News) - Commercial passenger aircraft leasing company Avation reported a 15% improvement in its revenue for the first half on Friday, to a record $67.6m (?52.66m).

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Two Avation aircraft to fly for Scotland's Loganair

19th Feb 2020 11:12

(Sharecast News) - Avation said on Wednesday that two of its existing ATR 72-600 aircraft have been subleased by Scotland-based Loganair, and would start flying in the coming weeks.

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Avation exercises two ATR rights for US-Bangla Airlines

12th Feb 2020 15:30

(Sharecast News) - Commercial aircraft leasing company Avation has converted two purchase rights from its order book into firm orders for two ATR 72-600 aircraft, it announced on Wednesday.

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Avation delivers second ATR 72-600 to Braathens Regional Airwasy

16th Jan 2020 12:04

(Sharecast News) - Commercial passenger aircraft leasing company Avation has delivered the second in a series of five new ATR 72-600 turboprop aircraft to Braathens Regional Airways, it announced on Thursday, from the manufacturer's facility in Toulouse, France.

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Avation delivers second Airbus A321 to Vietjet Air

15th Jan 2020 10:47

(Sharecast News) - Commercial passenger aircraft leasing company Avation announced on Wednesday that it has delivered the second of two Airbus A321 aircraft to Vietjet Air under a long term operating lease, which were being transitioned from a prior operator.

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Avation delivers first Airbus A321 to Vietjet Air

9th Jan 2020 09:53

(Sharecast News) - Commercial passenger aircraft leasing company Avation has delivered the first of two Airbus A321 aircraft, which were being transitioned from a prior operator, to VietJet Air under an operating lease, it announced on Thursday.

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Avation confirms takeover talks with potential suitor

6th Jan 2020 09:52

(Sharecast News) - Avation announced on Monday that it is undertaking a "comprehensive review" of its strategic options, in a bid to maximise value for shareholders.

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Avation delivers first of five 'greener' aircraft to Braathens Regional

19th Dec 2019 10:03

(Sharecast News) - Commercial passenger aircraft leasing company Avation has delivered the first in a series of five new ATR 72-600 turboprop aircraft to Braathens Regional Airways (BRA), it announced on Thursday, at the ATR facility in Toulouse, France.

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