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Avation PLC (AVAP.L)

AVAP.L on London Stock Exchange

229.00GBp
20 Oct 2017
Change (% chg)

2.00 (+0.88%)
Prev Close
227.00
Open
227.00
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Volume
13,994
Avg. Vol
35,282
52-wk High
252.76
52-wk Low
148.10

Latest Key Developments (Source: Significant Developments)

Avation plc buys one Airbus A330-300 aircraft
Wednesday, 11 Oct 2017 02:52am EDT 

Oct 11 (Reuters) - Avation Plc ::AVATION PLC - AIRBUS A330-300 ACQUISITION.AVATION PLC - ‍AGREED TO ACQUIRE ONE AIRBUS A330-300​.AVATION PLC - ‍ENTERED INTO A CONDITIONAL AGREEMENT WITH ANOTHER LESSOR TO PURCHASE AIRCRAFT CURRENTLY ON LONG-TERM LEASE TO EVA AIR OF TAIWAN​.AVATION PLC - ‍ACQUISITION OF THIS AIRCRAFT HAS BEEN AGREED AT MARKET RATE AND IS EXPECTED TO BE COMPLETED BY END OF Q4 OF 2017​.AVATION PLC - ‍AIRCRAFT IS APPROXIMATELY 23 MONTHS OLD​.AVATION PLC - ‍PURCHASE SUBJECT TO CUSTOMARY CLOSING CONDITIONS INCLUDING AMONGST OTHER THINGS REGULATORY APPROVAL OF TAIWAN CIVIL AVIATION AUTHORITY​.  Full Article

Avation Plc says received eight offers to purchase portfolio of 22 ATR 72 aircraft
Thursday, 16 Mar 2017 03:12am EDT 

Avation Plc : Received eight offers to purchase a portfolio of 22 atr 72 aircraft . Currently in discussion with a single commercial lessor for a proposed sale of six existing leased atr 72 aircraft . Assuming transaction completes, outcome is at a price above company book value for these aircraft .May pay a dividend in ordinary course of business associated with company's year-end; no special dividend under consideration.  Full Article

Avation Plc announces sale of five Fokker 100 aircraft
Thursday, 22 Dec 2016 02:08am EST 

Avation Plc : Sale of five Fokker 100 aircraft . Sale to buyer has been effected by way of finance leases with purchase price payable by way of monthly instalments over a term of three years .Total consideration for aircraft is approximately at book value.  Full Article

Avation Plc says raised 4.5 mln stg from placing shares
Thursday, 6 Oct 2016 02:00am EDT 

Avation Plc : Issue of equity .Conditionally raised 4.6 million pounds before expenses.  Full Article

Avation sees FY pretax profit above market expectations
Friday, 2 Sep 2016 07:40am EDT 

Avation Plc : Expects that pre-tax profits will be above market expectations for period . Unaudited lease revenues for year are anticipated to be about 25 pct higher than for 2015, increasing to about us $71 million . Financial year 2016 second half profits are expected to be materially increased when compared with first half of year .For year ending 30 June 2016 pre tax profit is expected to be approximately us 18 million.  Full Article

BRIEF-Avation Plc buys one Boeing 777-300ER

* ANNOUNCES ACQUISITION OF A BOEING 777-300ER (EXTENDED RANGE)