Avation inks four-aircraft deal with Braathens Regional Airways
18th Sep 2019 11:27
(Sharecast News) - Commercial passenger aircraft leasing company Avation has signed 10-year leases with Braathens Regional Airways for four new ATR 72-600 aircraft, it announced on Wednesday.
Read moreAvation delivers new ATR aircraft to Cebu Pacific in Toulouse
29th May 2019 10:31
(Sharecast News) - Commercial passenger aircraft leasing company Avation announced on Wednesday that it has delivered a new ATR 72-600 turboprop aircraft to Philippines airline Cebu Air, trading as Cebu Pacific, at the manufacturer's facility in Toulouse, France.
Read moreMonday broker round-up
13th May 2019 12:34
(Sharecast News) - Marks & Spencer: Citigroup upgrades to buy with a target price of 330p.
Read moreAvation to lease four more A220s to airBaltic
18th Dec 2018 09:20
(Sharecast News) - Commercial passenger aircraft leasing company Avation confirmed on Tuesday that it had been selected by airBaltic for the sale and leaseback of four additional new Airbus A220-300 aircraft, for delivery in the first half of 2019.
Read moreWednesday broker round-up
3rd Oct 2018 13:00
(Sharecast News) - Yellow Cake: Berenberg reiterates buy with a target price of 254p.
Read moreAvation pleased with performance after redeploying capital
6th Sep 2018 14:49
(Sharecast News) - Commercial passenger aircraft leasing company Avation issued its preliminary unaudited financial results for the year ended 30 June on Thursday, reporting a 38% uplift in its fleet assets to $1.03bn over the course of the 12-month period.
Read moreAvation improves H1 pre-tax profit
16th Feb 2017 11:27
(ShareCast News) - Shares in Avation are up more than 5% after it hiked its first-half pretax profit by 51% to $8.4m, and said it is well positioned for the second half of the year. "Avation is pleased to report significant year on year increases in revenue, profit and operating cashflow in the half
Read moreAvation delivers another Airbus A321 to Vietjet
23rd Dec 2016 12:09
(ShareCast News) - Commercial passenger aircraft leasing company Avation announced the successful purchase and completion of delivery of a further factory-new Airbus A321-200 aircraft to Vietnamese carrier Vietjet on Friday. The London-listed firm said the aircraft is an additional new aircraft deli
Read moreAvation accepts new Airbus A321s, considers ATR sale
15th Nov 2016 09:59
(ShareCast News) - Commercial passenger aircraft leasing company Avation was holding its annual general meeting on Tuesday, with executive chairman Jeff Chatfield updating investors on the organisation's recent trading. The firm said in the financial year to date, since 1 July, two brand new Airbus
Read moreAvation completes second Flybe delivery
12th Oct 2015 08:33
(ShareCast News) - Commercial passenger aircraft leasing company Avation has completed the delivery of its second aircraft to low-cost airline Flybe. The London-listed company said the delivery is the second of a series of five new ATR 72-600 aircraft which will be progressively delivered to Flybe d
Read moreAvation's annual profit drops
7th Sep 2015 15:34
(ShareCast News) - Aircraft leasing group Avation reported a drop in annual profit after making a loss on the sale of an old aircraft, while one-off gains it achieved in 2014 did not recur. In the year to 30 June, the company posted a $15.5m pre-tax profit, 10.4% lower year-on-year, while lease reve
Read moreAvation leases two new jets to Thomas Cook
20th Oct 2014 08:07
Commercial aircraft lessor Avation has agreed a deal to supply two aircraft to tour operator Thomas Cook. Avation has conditionally agreed to buy and lease back two new Airbus A321 aircraft to Cook's airline arm Thomas Cook Airlines. The two new jets are part of Cook's previously announced fleet
Read moreAvation increases stake in Capital Lease Aviation
26th Sep 2014 08:01
teerngasAircraft leasing group Avatation has agreed to acquire 351,900 shares in AIM-listed Capital Lease Aviation. The transaction, announced Friday, increases its stake in the aircraft lessor to 95.1%. The group paid 0.205p a share in cash.
Read moreMonday broker round-up UPDATE
22nd Sep 2014 11:28
Avation: WH Ireland shifts target price from 200p to 206p and maintains a buy recommendation BAE Systems: UBS raises target price from 460p to 505p and reiterates a buy recommendation. Centrica: Goldman Sachs ups target price from 385p to 396p leaving its buy recommendation unchanged. Chariot Oil
Read moreAvation sees revenue above market hopes as fleet expands
11th Jun 2014 07:41
Aircraft leasing company Avation is expanding its fleet to cope with demand as it forecast annual revenue above market hopes. Avation plans to add six aircraft to its 25-strong fleet by the end of 2014 and expects to have 36 by late 2015. It expects net revenue to rise 29% against a year ago to ab
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