Avation plc (GB:AVAP) has released an update.
Avation PLC has advanced its commitment to eco-friendly aviation by exercising purchase rights for ten new ATR 72 aircraft, which boast low CO2 emissions and are compatible with sustainable aviation fuels (SAF). The company has also secured additional purchase rights for 24 more aircraft, extending the maturity to 2034, aligning with their long-term strategy to meet airline demands with cost-effective, low-emission regional travel solutions. This move underpins Avation’s plan to reinforce its ten-year regional aircraft strategy and contribute to global economic growth by enhancing connectivity to remote areas.
For further insights into GB:AVAP stock, check out TipRanks’ Stock Analysis page.
