Avation, a lessor of 32 commercial aircraft, has announced its full year results for the year ended 30 June 2024 this morning, reflecting a year of operational progress on fleet management and a strong performance on cash generation. Revenues were ahead of expectations at $92.4m (flat YoY, Zeus est: $90.3m), with a $47m fair value gain on aircraft purchase rights driving an 80% increase in adj. PBT to $40.8m (Zeus est. $45m). Forecasts are raised this morning, following better than expected perf ....
