This week, Avation has provided three separate positive announcements, each illustrating the significant underlying value within the balance sheet. On Wednesday, the sale of a Boeing 777-300ER above book value realised $33m in net cash proceeds. This was followed on Thursday, with the completion of the second of two sales from the ATR order book, releasing c.$5m, and an indicative estimate of the differential of the market value compared to book value of the ongoing fleet of $82m (+12%/91p per s ....
