Avation, a lessor of 35 commercial aircraft, has provided an AGM update this morning, highlighting positive dynamics in the air passenger market along with internal progress on fleet repositioning and debt reduction. Revenue passenger kilometres (“RPK”) are reported to have increased over 30% globally in the year to September 2023, now standing at 97% of pre-COVID levels, contributing to a positive backdrop for aircraft valuations. In the narrowbody aircraft market, Avation believes that values ....
