Avation is a lessor of commercial passenger aircraft to seventeen airlines. The advent of COVID-19 brought with it the most challenging period ever in the industry's history. Avation took swift action to preserve liquidity and maintain cash flow through renegotiating its senior debt amortisation, thereby being able to provide support for customers. Today, the group's fleet consists of 39 aircraft, along with purchase rights over 5-years on a further 28 ATR 72-600s, one of the lowest CO2 emission ....
29 Sep 2022
WH Ireland: Avation (AVAP) - Emerging from the turbulence with a solid platform
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WH Ireland: Avation (AVAP) - Emerging from the turbulence with a solid platform
Avation PLC (AVAP:LON) | 108 0.5 0.5% | Mkt Cap: 76.5m
- Published:
29 Sep 2022 -
Author:
John Cummins | Charlie Cullen -
Pages:
20
Avation is a lessor of commercial passenger aircraft to seventeen airlines. The advent of COVID-19 brought with it the most challenging period ever in the industry's history. Avation took swift action to preserve liquidity and maintain cash flow through renegotiating its senior debt amortisation, thereby being able to provide support for customers. Today, the group's fleet consists of 39 aircraft, along with purchase rights over 5-years on a further 28 ATR 72-600s, one of the lowest CO2 emission ....