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Avation ( (GB:AVAP) ) has issued an announcement.
Avation PLC has announced that the early termination option for the lease of a Boeing 777-300ER with Philippine Airlines has not been exercised, ensuring the lease will continue until December 2029. This development provides the company with certainty regarding lease economics and allows Avation to focus on expanding its narrow body aircraft portfolio, with its current fleet fully placed and utilized.
More about Avation
Avation PLC is an aircraft leasing company based in Singapore, which owns and manages a fleet of commercial passenger aircraft leased to airlines worldwide.
YTD Price Performance: -4.61%
Average Trading Volume: 557,305
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £96.96M
See more insights into AVAP stock on TipRanks’ Stock Analysis page.
