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The latest announcement is out from Avation ( (GB:AVAP) ).
Avation PLC, a key player in the aircraft leasing industry, reports strong market conditions fueled by robust air travel demand and supply chain constraints impacting new aircraft deliveries. The company has made strategic moves to enhance its financial standing, including aircraft sales and lease extensions, and plans to expand its fleet. Avation’s financial health is bolstered by a reduction in Covid-era arrears, a successful share repurchase program, and increased cash reserves, positioning it well for future growth and shareholder value enhancement.
More about Avation
Avation PLC is a Singapore-headquartered aircraft leasing company specializing in commercial passenger aircraft. It leases its fleet to airlines globally, focusing on managing and expanding its portfolio through strategic placements and acquisitions.
YTD Price Performance: 20.03%
Average Trading Volume: 582,013
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £113.5M
Find detailed analytics on AVAP stock on TipRanks’ Stock Analysis page.
