Avation has this morning released interim results to 31 December 2018, highlighting a particularly strong period for the Group. Lease revenue increased by 40%, whilst EPS rose by 97%, in part reflecting the gain on sale of the A321-200 announced in December 2018, and demonstrating a positive performance across the board. Four aircraft were added in the period, with a further four A220-300s and three ATR 72- 600s scheduled this year. Reflecting the movements in the fleet, including the gains on d ....
21 Feb 2019
Morning Comment
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Morning Comment
Avation PLC (AVAP:LON) | 110 0 0.0% | Mkt Cap: 77.9m
- Published:
21 Feb 2019 -
Author:
John Cummins -
Pages:
4
Avation has this morning released interim results to 31 December 2018, highlighting a particularly strong period for the Group. Lease revenue increased by 40%, whilst EPS rose by 97%, in part reflecting the gain on sale of the A321-200 announced in December 2018, and demonstrating a positive performance across the board. Four aircraft were added in the period, with a further four A220-300s and three ATR 72- 600s scheduled this year. Reflecting the movements in the fleet, including the gains on d ....