Avation is a lessor of 44 commercial aircraft to a diversified airline client base. This morning, the group has released full year results to 30 June 2020, which illustrate an immensely challenging year brought about by COVID-19 but one in which the business has successfully pulled various levers to enable it to come through. The results themselves are dominated by aircraft impairments of $87.4m and expected credit losses on receivables of $25.4m but the actions taken to work with its customer b ....
30 Sep 2021
Avation (AVAP) - Full year results – geared into airline recovery
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Avation (AVAP) - Full year results – geared into airline recovery
Avation PLC (AVAP:LON) | 108 1.6 1.4% | Mkt Cap: 76.5m
- Published:
30 Sep 2021 -
Author:
John Cummins -
Pages:
4
Avation is a lessor of 44 commercial aircraft to a diversified airline client base. This morning, the group has released full year results to 30 June 2020, which illustrate an immensely challenging year brought about by COVID-19 but one in which the business has successfully pulled various levers to enable it to come through. The results themselves are dominated by aircraft impairments of $87.4m and expected credit losses on receivables of $25.4m but the actions taken to work with its customer b ....