Avation is a lessor of 36 commercial aircraft to a diversified client base of 16 airlines. This morning, the group has provided a short announcement stating that as a result of lower aircraft transition, administration and legal costs, improvements in finance income and the recognition of a gain on investment in a listed airline taken as part of the agreement with one customer during the pandemic, profitability in the year to 30 June 2023 is expected to be significantly ahead of current market e ....

24 Feb 2023
Avation (AVAP) – Corporate – Trading update points to full year outturn ahead of expectations

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Avation (AVAP) – Corporate – Trading update points to full year outturn ahead of expectations
Avation PLC (AVAP:LON) | 102 1 1.0% | Mkt Cap: 72.3m
- Published:
24 Feb 2023 -
Author:
John Cummins | Charlie Cullen -
Pages:
4 -
Avation is a lessor of 36 commercial aircraft to a diversified client base of 16 airlines. This morning, the group has provided a short announcement stating that as a result of lower aircraft transition, administration and legal costs, improvements in finance income and the recognition of a gain on investment in a listed airline taken as part of the agreement with one customer during the pandemic, profitability in the year to 30 June 2023 is expected to be significantly ahead of current market e ....