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Avation Plc (AVAP)     

dreamcatcher - 16 Jun 2013 21:12




Company Profile


Commercial passenger aircraft leasing specialists

Avation PLC is a commercial passenger aircraft leasing company that was incorporated in England and Wales in 2006 and whose shares are traded on the Main Market of the London Stock Exchange (LSE: AVAP).

Avation owns and manages a fleet of aircraft which it leases, through its subsidiaries, to airlines across the world. Our customers include Virgin Australia, Thomas Cook, Condor, Air France, Air Berlin, Vietjet Air, Fiji Airways and UNI Air. The company’s fleet includes Airbus A320 family aircraft as well as Fokker 100s and ATR 72s.

Specialist management team

Avation’s management team has extensive experience in all areas of the aviation industry and has the expertise to select aircraft to bring under Avation’s management that will deliver value to the company, performance to its customers and returns to its shareholders.

Financial Growth

Coinciding with the expected delivery of the ATR 72s and potential acquisitions of other aircraft, Avation will continue to grow in terms of the size and quality of its managed fleet and the financial returns it generates.


http://www.avation.net/Chart.aspx?Provider=EODIntra&Code=AVAP&S

VICTIM - 18 Dec 2017 17:12 - 178 of 201

Well I'm glad your not a Madam , Sir .

dreamcatcher - 18 Dec 2017 17:13 - 179 of 201

No certainly not. lol

VICTIM - 20 Dec 2017 07:24 - 180 of 201

Good trading update at AGM today ,

VICTIM - 22 Dec 2017 12:37 - 181 of 201

Another RNS out Airbus 330 acquired and leased to Taiwan Airlines .

VICTIM - 22 Dec 2017 12:47 - 182 of 201

Missed earlier RNS lease of Airbus to Easyjet .

dreamcatcher - 22 Dec 2017 16:24 - 183 of 201

Should see new highs in 2018.

dreamcatcher - 29 Dec 2017 11:41 - 184 of 201

Avation delivers third ATR 72-600 to Mandarin Airlines
StockMarketWire.com
Avation has delivered a third new ATR 72-600 aircraft to Mandarin Airlines, a subsidiary of Taiwan's flag carrier China Airlines.

This delivery aircraft serial number 1473 is from a series of new ATR 72-600 aircraft which were to be delivered to Mandarin Airlines before the end of 2017 under leases that were announced on 19 Jul.

Avation said the leases were at market rates and the lease duration was eight years. Executive chairman Jeff Chatfield said: 'We are pleased to have completed this delivery programme before the end of 2017 and to be the lessor selected by Mandarin Airlines to introduce the ATR 72-600 into their fleet.

'Globally the ATR 72-600 is the most popular regional turboprop aircraft and provides our airline customers with the most cost effective solution for regional operations.

'This aircraft MSN1473 is the company's 31st ATR 72-600 new aircraft delivery.'

At 8:52am: (LON:AVAP) Avation Plc share price was -3.5p at 233p


Story provided by StockMarketWire.com

Bullshare - 25 Jan 2018 14:30 - 185 of 201

Come and join Shares and AJ Bell Media at their Edinburgh investor evening on Wednesday 28 February 2018.
 
Our evening event provides an opportunity for Board Directors, from dynamic companies that are listed on the London Stock Exchange, to make a presentation and talk about their company business plans for 2018 direct to existing & potential investors.
 
During the event and afterwards over drinks, investors will have the chance to get to know the companies better by talking one on one with the company directors.
 
All attendees will be entered into free prize draws for:
 
Sparkling afternoon tea for TWO in majestic surroundings of The Dome’s Georgian Tea Room in George Street, in the heart of the city of Edinburgh. http://www.thedomeedinburgh.com/
 
Evening Wine Tasting Gift Experience at the Lothian Wine School in Edinburgh. A gift voucher for TWO places on one of their weekly evening tastings in Edinburgh City Centre. http://www.lothianwineschool.com
 
 
Companies booked to attend include:
 
ANGLE (AGL)  - ANGLE plc is a specialist medtech company listed on the London Stock Exchange AIM market.  ANGLE's lead product is the Parsortix micro-fluidic cell separation device, which can capture very rare circulating tumour cells (CTCs) in cancer patient blood – even when there is less than one CTC in one billion healthy cells. ANGLE secured CE Mark regulatory authorisation for the clinical market in December 2013 and FDA authorisation work is in progress.
 
The primary application is the capture of circulating tumour cells (CTCs) in patient blood for;  Early detection of cancer; Personalised cancer treatment; Monitoring of cancer patients during treatment; and  Post-treatment monitoring of cancer patients in remission.
 
 
Avation (AVAP) - Avation PLC is a commercial passenger aircraft leasing company that was incorporated in England and Wales in 2006 and whose shares are admitted to the standard segment of the UK listing authority's official list and are traded on the Main Market of the London Stock Exchange (LSE: AVAP).
 
Avation owns and manages a fleet of aircraft which it leases, through its subsidiaries, to airlines across the world. Our customers include Flybe, Virgin Australia, Thomas Cook, Condor, Air France, easyJet, Eva Air, Philippine Airlines, Air India, Vietjet Air, Fiji Airways and Mandarin Airlines. The company’s fleet includes Airbus A320 family aircraft as well as Fokker 100s and ATR 72s.
 
 
Cadence Minerals (KDNC) - Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over £35 million vested in key assets globally, Cadence is helping us reach tomorrow, today.
 
 
First Sentinel - First Sentinel is a consortium of companies focused on alternative investments, specializing in equity and debt deals with appealing IRRs, as well as traditional Corporate Finance and Legal Services.
 
This consortium enables us to support our clients end to end, whether it be the individual investor or corporate offering.
 
First Sentinel PLC (NEX: FSEN) is an alternative investment company that provides growth capital for public and private company investments. 
 
 
PrimaryBid - PrimaryBid the leading online equity funding platform, available on both web and mobile, that enables investors to gain access to placings, fundraisings and IPOs of AIM-listed companies. The platform is open to all investors and is supported by the broking community as a way of accessing, on behalf of their AIM clients seeking capital, the large and active private investor market, as well as institutions.  To date almost £37m has been sourced for issuers, via the platform.
 
 
Sound Energy (SOU) - Sound Energy plc is a growth focused and private investor centric Moroccan gas explorerlisted on AIM and benefit from: a low cost, multi Tcf potential onshore gas discovery; a strategic partnership with Schlumberger - one of the largest companies in our sector; two supportive cornerstone investors; a potentially transformational drill programme, and a strong retail shareholder base
 
We are pursuing an onshore gas strategy underpinned by strong gas market fundamentals, which is proving very robust to the current oil price environment and to an increasingly carbon-conscious world. Gas is, rightly, seen as a cleaner alternative to coal and oil.
 
We are focused on unlocking the Moroccan gas promise, which includes:
 
Proving further volumes with three bold exploration wells in Eastern Morocco (starting early 2018), each with multi Tcf potential
 
De-risking of it’s 31 Tcf exploration potential in Eastern Morocco and up to 9 Tcf in Sidi Moktar through shooting new seismic and aerial gradiometry
 
Development of it’s existing 0.6 Tcf gas discovery (with first gas targetted for end 2019 / early 2020)
 
 
SkinBioTherapeutics (SBTX) - SkinBioTherapeutics is a life science company focused on skin health. The Company’s proprietary platform technology, SkinBiotix, is based upon discoveries made by CEO Dr. Catherine O’Neill and Professor Andrew McBain at The University of Manchester.
 
The SkinBioTherapeutics’ platform applies research discoveries made on the activities of lysates derived from probiotic bacteria when applied to skin. The Company has shown that the SkinBiotix® platform can improve the barrier effect of skin models, improve repair and reduce bacterial load.
 
SkinBioTherapeutics is targeting three specific skin healthcare sectors; cosmetics, infection control and eczema. In each of these areas SkinBioTherapeutics plans to exemplify its technology in human studies. The most advanced programme is focused on the application of the Skinbiotix® platform in managing sensitive skin in the cosmetics industry. The business strategy is to partner and outlicense its programmes at proof of concept.
Who Should Attend?

The evening exposes investors to companies across various sectors. Perfect for existing investors as well as those looking for new investment opportunities.

Date:

Wednesday 28 February 2018

Venue:

Radisson Blu Hotel Edinburgh, 80 High Street, The Royal Mile, Edinburgh, EH11TH

Event Timings:
17.30 
Registration and coffee
18.00 
Presentations
• Ian Griffiths, FD - ANGLE
• Andrew Newland, Chief Executive - ANGLE
• Richard Wolanski, Finance Director - Avation (AVAP)
• Kiran Morzaria, Director & CEO - Cadence Minerals (KDNC)
• Brian Stockbridge, CEO - First Sentinel
• Dave Mutton, COO - PrimaryBid
• Cath O'Neill, CEO - SkinBioTherapeutics
• JJ Traynor, CFO - Sound Energy (SOU)
21.00 
Drinks reception and canapés
22.00 
Close
PrimaryBid
PrimaryBid 

PrimaryBid is a leading FinTech business enabling investors to gain access to fundraisings of companies listed on UK Stock Exchanges.  Our unique solution connects the large and active pool of private investors, with companies seeking to raise capital by issuing new shares.

Traditionally, fundraises for listed companies have only been accessible by Institutions and a small number of high net worth investors, PrimaryBid allows all investors to have access to these fundraises at the same time and the same price, delivering open access regardless of the size of their investment.  To date over £52m has been sourced via the platform.

ANGLE
ANGLE 

ANGLE plc is a specialist medtech company listed on the London Stock Exchange AIM market (AGL.L).

ANGLE's lead product is the Parsortix micro-fluidic cell separation device, which can capture very rare circulating tumour cells (CTCs) in cancer patient blood – even when there is less than one CTC in one billion healthy cells. ANGLE secured CE Mark regulatory authorisation for the clinical market in December 2013 and FDA authorisation work is in progress.

The primary application is the capture of circulating tumour cells (CTCs) in patient blood for:

·         Early detection of cancer;

·         Personalised cancer treatment;

·         Monitoring of cancer patients during treatment; and

·         Post-treatment monitoring of cancer patients in remission.

Avation (AVAP)
Avation (AVAP) 

Avation PLC is a commercial passenger aircraft leasing company that was incorporated in England and Wales in 2006 and whose shares are admitted to the standard segment of the UK listing authority's official list and are traded on the Main Market of the London Stock Exchange (LSE: AVAP).

Avation owns and manages a fleet of aircraft which it leases, through its subsidiaries, to airlines across the world. Our customers include Flybe, Virgin Australia, Thomas Cook, Condor, Air France, easyJet, Eva Air, Philippine Airlines, Air India, Vietjet Air, Fiji Airways and Mandarin Airlines. The company’s fleet includes Airbus A320 family aircraft as well as Fokker 100s and ATR 72s.

Cadence Minerals (KDNC)
Cadence Minerals (KDNC) 

Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over £35 million vested in key assets globally, Cadence is helping us reach tomorrow, today.

First Sentinel
First Sentinel 

First Sentinel is a consortium of companies focused on alternative investments, specializing in equity and debt deals with appealing IRRs, as well as traditional Corporate Finance and Legal Services.

This consortium enables us to support our clients end to end, whether it be the individual investor or corporate offering.

First Sentinel PLC (NEX: FSEN) is an alternative investment company that provides growth capital for public and private company investments. (NEX: FSEN).

 

SkinBioTherapeutics
SkinBioTherapeutics 

SkinBioTherapeutics is a life science company focused on skin health. The Company’s proprietary platform technology, SkinBiotix®, is based upon discoveries made by CEO Dr. Catherine O’Neill and Professor Andrew McBain at The University of Manchester.

The SkinBioTherapeutics’ platform applies research discoveries made on the activities of lysates derived from probiotic bacteria when applied to skin. The Company has shown that the SkinBiotix® platform can improve the barrier effect of skin models, improve repair and reduce bacterial load.

SkinBioTherapeutics is targeting three specific skin healthcare sectors; cosmetics, infection control and eczema. In each of these areas SkinBioTherapeutics plans to exemplify its technology in human studies. The most advanced programme is focused on the application of the Skinbiotix® platform in managing sensitive skin in the cosmetics industry. The business strategy is to partner and outlicense its programmes at proof of concept.

Sound Energy (SOU)
Sound Energy (SOU) 
Sound Energy plc is a growth focused and private investor centric Moroccan gas explorerlisted on AIM and benefit from: a low cost, multi Tcf potential onshore gas discovery; a strategic partnership with Schlumberger - one of the largest companies in our sector; two supportive cornerstone investors; a potentially transformational drill programme, and a strong retail shareholder base
 
We are pursuing an onshore gas strategy underpinned by strong gas market fundamentals, which is proving very robust to the current oil price environment and to an increasingly carbon-conscious world. Gas is, rightly, seen as a cleaner alternative to coal and oil.
 
We are focused on unlocking the Moroccan gas promise, which includes:
 
Proving further volumes with three bold exploration wells in Eastern Morocco (starting early 2018), each with multi Tcf potential

 

De-risking of it’s 31 Tcf exploration potential in Eastern Morocco and up to 9 Tcf in Sidi Moktar through shooting new seismic and aerial gradiometry

 

Development of it’s existing 0.6 Tcf gas discovery (with first gas targetted for end 2019 / early 2020)
Sponsored by:
AJ Bell Youinvest
PrimaryBid

dreamcatcher - 25 Feb 2018 17:21 - 186 of 201

Interims Monday 26 Feb 18

dreamcatcher - 26 Feb 2018 07:14 - 187 of 201

Half year report

Key Financial Metrics
· Fleet assets increased by 35% to $1.008 billion since 30 June 2017;
· Revenue increased by 16% year on year to $52.4 million;
· Weighted average cost of total debt declined to 4.8%;
· Total profit after tax decreased by 8% year on year to $6.7 million; and
· Earnings per share ("EPS") decreased 15% year on year to 10.9 cents.
Operational Highlights
· Record growth with over $286 million in aircraft acquired in December 2017;
· First twin-aisle aircraft delivered into the fleet;
· First Boeing aircraft delivered into the fleet;
· Airbus A320 transitioned from Air Berlin to easyJet; and
· Four new customers added taking total airline customers to twelve.

dreamcatcher - 05 Mar 2018 18:23 - 188 of 201

MIDAS SHARE TIPS UPDATE: Growth is taking off for aircraft leasing business Avation
By Joanne Hart, Financial Mail on Sunday
Published: 10:43, 5 March 2018 | Updated: 10:43, 5 March 2018

Aircraft leasing firm Avation has delivered soaraway growth since Midas recommended the shares in 2013.
Then the stock was 63½p and the company’s fleet was valued at £240 million. Today, the shares are 223p and the fleet is worth just over £1 billion.
Avation owns 37 planes, leased to customers such as easyJet, Thomas Cook, Virgin Australia and Mandarin Airlines.


Looking ahead: Avation has added new planes to its fleet and attracted new customers
Chairman Jeff Chatfield is based in Singapore, because the Asian air travel market is growing fast, as incomes rise in the region.
Interim results last week revealed strong growth, as the group has added new planes to its fleet and attracted new customers.


The group reports in dollars so a profit of $18.2 million (£13.2 million) is expected for the year to June 30, rising to $23.5 million next year. A dividend of 6 cents (4.4p) is forecast for 2018, rising to 6.6 cents next year.
Midas verdict: Avation has performed well since 2013 but there is more to come. Existing investors should retain most of their shares, while new investors could also see value at 223p.
Traded on: Main Market Ticker: AVAP


VICTIM - 06 Mar 2018 07:40 - 189 of 201

That's good to see dream , wondered why this rose yesterday , I think it will do well now .

dreamcatcher - 06 Mar 2018 17:02 - 190 of 201

Hope it does VICTIM.

dreamcatcher - 13 Mar 2018 21:48 - 191 of 201

Proactive investor -

Avation's lease income to rise by nearly a fifth says finance boss
Share
15:14 13 Mar 2018
"Any simple maths will tell you that 9.6×6 months will see us generating over US$57.5mln in lease revenue in the second half"

Richard Wolanski, aircraft lessor Avation PLC’s (LON:AVAP) chief financial officer, has told Proactive he expects bumper revenues in the second half of the year.
The group ended the first half of the year (December) with 37 aircraft, a record size for its fleet, but the full benefit only started to come through from January.
Watch: Avation PLC's 'never looked stronger' - CFO Richard Wolanski
“In terms of revenue guidance, because we have that record fleet all through the second half of the financial year we are collecting about US$9.6mln a month in lease revenues.
“Keep in mind that the reported half-year revenue number was about US$42mln, any simple maths will tell you that 9.6×6 months will see us generating over US$57.5mln in lease revenue in the second half.
“Now that’s the clearest guidance we can give on revenue and that's the clearest guidance we’ve ever given on revenue.
“It’s going to be a very large leap from the first half to the second half.”
"That’s the nature of these assets if you buy aircraft in December," he added.
US$57.5mln revenue in second half
“While they turn up on the balance sheet those assets obviously haven’t generated any rent or only for a few days in December and so they’re going to be generating lease revenue all through the second half and so it’s going to be a very strong second half.”
Avation earned lease revenues of US$49.1mln in the second half of 2016/17, so revenue of US$57.5mln would equal an uplift of at least 17%.
The acquisition of the aircraft in December also meant the fleet’s value topped US$1bln for the first time.
It is the youngest ever fleet with the longest attached lease terms ever in the history of the company, Wolanski added, so as a portfolio of income-producing assets "we've never looked stronger".
“We’ve been going now for 12 years and the business model is to buy brand-new aircraft and lease them for long periods of time to the airlines.
“The risks that we face are in the residual value of the aircraft that we have to buy and sell at periods of time and (because these airlines are paying us rent effectively) to diversify into a broader range of very strong airline customers."
Four stong customers added
On that front, he said Avation has added four new airline customers to take the total to 12 from 8.
“The four airline customers that we picked up are among the strongest on our books: EasyJet, but also Philippine Airlines, Eva Air and Mandarin Airlines, so a couple in Asia as well.”
“I think if you look at the history of Avation, we’ve never changed our business model.
Double every 2 and half years
“We’ve been around for 12 years and certainly in the last five or six years the reason why investors look to this stock and buy the stock is while we do pay a 2% yield dividend, this is a company that doubles in size on average about every two and a half years and if you look at the last five or six years the share price has followed that.
“We have just delivered 35% asset growth in the first half of the financial year, you’ll see the lease revenue and the earnings from that growth be generated in the second half and for all periods to come.
"We’re still 10% off our record highs in terms of share price, but the company's never been larger, the rental roll has never been bigger, the revenues have never been bigger and the earnings are certainly going to be strong.”

dreamcatcher - 01 Jun 2018 18:39 - 192 of 201

LONG-TERM AIRCRAFT LEASE
RNS
RNS Number : 0137Q
Avation PLC
01 June 2018

AVATION PLC
("AVAP" or "the Company")
LONG-TERM AIRCRAFT LEASE
Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company announces that Far Eastern Air Transport Corp. of Taiwan ("FAT") has selected AVAP for the supply of one new ATR 72-600 aircraft on a twelve-year operating lease.
AVAP and FAT have entered into a conditional letter of intent for the lease of the aircraft. The aircraft will be configured to the customer's specifications and is expected to be delivered during September 2018. FAT announced its decision to Taiwanese media on 1 June 2018. The transaction is subject to completion of definitive documentation and customary conditions precedent.
ATR ORDER BOOK
The Company has now placed one out of the three remaining 2018 ATR 72 deliveries in its aircraft order book.
Jeff Chatfield, Executive Chairman, said: "Avation's strategy is to continue to diversify its lessee operator base and we welcome Far Eastern Air Transport Corp. of Taiwan as a customer. The ATR 72 is still the most popular and, on a per-seat-basis, the most fuel efficient commercial turboprop aircraft globally."
-ENDS-

dreamcatcher - 13 Jun 2018 17:04 - 193 of 201

AVATION PLC LEASES TWO BOMBARDIER CS300
RNS
RNS Number : 1871R
Avation PLC
13 June 2018

AVATION PLC
("AVAP" or "the Company")
AVATION PLC LEASES TWO BOMBARDIER CS300
Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company announces that it has signed leases with airBaltic for the supply of two Bombardier CS300 aircraft for durations of 12 years each to be acquired new at delivery.
The Latvian airline airBaltic is the world's most punctual airline connecting the Baltic region with over 70 destinations in Europe, the Middle East, and the CIS. Currently the airBaltic fleet consists of 31 aircraft and the company is moving towards a single-type fleet with the progressive introduction of up to 80 units of CS300 aircraft. With a previously announced order, airBaltic has become the largest European Bombardier C Series customer.
The C Series is the only new-technology single-aisle aircraft specifically designed to serve the 100 to 150 seat market. This drives the type's economic efficiency and performance, creating opportunities for small single-aisle operations. The C Series has booked firm purchase agreements for over 400 aircraft to date.
Jeff Chatfield, Executive Chairman, said: "The Company is pleased to welcome airBaltic as a addition to the Company's airline client base. The Company seeks long-term leases and these two 12-year leases align with our strategy. The Company continues to diversify its aircraft portfolio and recognises the importance of new technology single-aisle aircraft such as the CS300 and is appreciative of the progress made by Bombardier to achieve the smooth and successful entry into service of the C Series. Avation has a view that the C Series joint venture with Airbus and Bombardier may increase sales volume of the programme."
Martin Gauss, Chief Executive Officer of airBaltic said: "We are positively impressed with Avation PLC's speed of execution and are delighted to welcome them as one of our valued partners for supporting airBaltic's fleet modernization. With the new order of C Series airBaltic will introduce a single-type fleet of 50 CS300 aircraft with options for additional 30 aircraft for even stronger future growth."
Bombardier commented: "We are pleased to welcome Avation PLC as a new lessor to Bombardier and the C Series programme," said Colin Bole, Senior Vice President, Commercial, Bombardier Commercial Aircraft. "This investment is testament to the quality of the C Series order book and its tremendous value in the small single-aisle market following an exceptional entry-into-service in Europe and Asia. The leasing market seeks aircraft with good lease rate factors, and we are confident that Avation PLC will benefit from the C Series ongoing worldwide momentum."
-ENDS-

dreamcatcher - 02 Jul 2018 17:23 - 194 of 201

INTERIM MANAGEMENT STATEMENT
RNS
RNS Number : 1597T
Avation PLC
01 July 2018

AVATION PLC
("Avation" or "the Company")

INTERIM MANAGEMENT STATEMENT

Trading Update
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company provides an update in respect of trading performance for the financial year ended 30 June 2018.

The Company's business is operating in line with expectations. Management estimates that revenue for the year ended 30 June 2018 will be US$109 million (unaudited), representing an increase of 15% over the prior year.

Operational Update
As at 30 June 2018 Avation's fleet comprised 38 aircraft which are on lease to 13 airlines in 10 countries. The Company advises that it is scheduled to take delivery of two additional new aircraft early in the financial year commencing 1 July 2018. The first is a single aisle CS300 aircraft which will commence a 12 year lease to airBaltic in July 2018. The second is an ATR 72-600 aircraft which is expected to commence a 12 year lease to Far Eastern Air Transport Corp. of Taiwan in September 2018.

The Company is also assessing other aircraft purchase opportunities with a view to growing the fleet and further diversifying the Company's airline customer base. Additions to the fleet are subject to finding aircraft that meet the Company's investment and risk management criteria.

Finance Update
The Company recently completed a US$300 million issue of notes under the previously announced US$1 billion Global Medium Term Note (GMTN) programme. The GMTN programme has enabled Avation to create an efficient and flexible capital structure.

The Company's management believes that Avation has adequate liquidity and flexibility in its credit facilities to fund additional short-term fleet growth.

Credit Ratings
Following the US$300 million notes issue under the GMTN programme, Fitch Ratings upgraded Avation's corporate credit rating to 'BB-' from 'B+', outlook stable. The notes issued under the GMTN programme are also rated 'BB-'.

In April 2018, Standard & Poor's Global Ratings revised its rating outlook on Avation from stable to positive and affirmed their 'B+' long-term issuer credit rating on the Company. The rating attached to the notes issued under the GMTN programme has been maintained at 'B'.

Results Timetable
Avation intends to release its unaudited results for the financial year ending 30 June 2018 at 7:00am (BST) on 6 September 2017. The Company will hold a conference call for shareholders and bondholders at 1:00pm (BST) on 6 September 2017. Dial in details for the conference call will be published in due course.

The Company's Executive Chairman, Jeff Chatfield, said: "The Company has continued to perform strongly in the year ended 30 June 2018 and has grown the fleet by almost 40% and revenues by 15%. We continue to focus on delivering further growth in our aircraft fleet."

-ENDS-

dreamcatcher - 20 Jul 2018 16:01 - 195 of 201

Acquisition
RNS
RNS Number : 3012V
Avation PLC
20 July 2018

AVATION PLC
("AVAP" or "the Company")
AIRBUS A220-300 DELIVERY TO AIRBALTIC
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, has acquired and leased a second new Airbus A220-300 aircraft to airBaltic, the Latvian hybrid carrier. The 12-year lease commenced on 19 July 2018 and is at a market lease rate.

Avation's Executive Chairman, Jeff Chatfield said: "We have expanded our fleet with a second delivery to Air Baltic and we are proud to be associated with this growing and popular airline. The Bombardier CS300 aircraft has been rebranded the Airbus A220-300 following completion of the acquisition of a majority stake in the C Series Aircraft Limited Partnership by Airbus. The A220-300 seats 130-160 passengers and has a range of up to 3,300 nautical miles. Avation is pleased to be involved with this programme as a Lessor and we are optimistic about the sales prospects for this new-technology, fuel efficient aircraft type."

-ENDS-

dreamcatcher - 06 Sep 2018 07:04 - 196 of 201

Prelim financial results for 2018
Key Financial Metrics
· Fleet assets increased by 38% to $1.030 billion since 30 June 2017;
· Revenue increased by 16% to $109.1 million;
· Total profit after tax decreased by 5.9% to $20.0 million;
· Earnings per share ("EPS") decreased by 11% to 32.20 US cents;
· Dividend per share of 7.25 US cents, an increase of 21% year on year; and
· Net asset value per share increased 12% year on year to $3.64 per share.
Operational Highlights
· Redeployment of the proceeds from sales of aircraft in 2017 supported the acquisition of $323 million in aircraft;
· Five aircraft added to the fleet, including three new aircraft types;
· An Airbus A320 aircraft was transitioned from Air Berlin to easyJet;
· Six new customers added taking total airline customers to thirteen at 30 June 2018;
· Credit enhancement with upgrades in credit ratings by Standard & Poor's ("S&P") and Fitch Ratings; and
· Extension of debt maturity duration with an issue of $300 million 6.5% Senior Notes due 2021 under the Company's Global Medium Term Note programme.

dreamcatcher - 01 Oct 2018 19:20 - 197 of 201

ATR 72 DELIVERY TO DANISH AIR TRANSPORT
RNS
RNS Number : 5065C
Avation PLC
01 October 2018

AVATION PLC
("AVAP" or "the Company")

ATR 72 DELIVERY TO DANISH AIR TRANSPORT
Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company, announces that it has delivered the first new ATR 72-600 aircraft to Danish Air Transport AS ("DAT").
Jeff Chatfield, Executive Chairman, commented: "We are pleased to welcome DAT as a customer and wish them well with the aircraft which was delivered today at ATR's facility in Toulouse, France. The lease is for 12 years and is at a market rate."
Danish Air Transport comment: "We are pleased with Avation's speed of execution and the flexibility provided in quickly establishing a lease on a new plane."
Karine Guenan, Vice President Leasing, Asset Management & Freighter Customer & Structured Finance at ATR commented: "This is the first ATR 72-600 aircraft for DAT and is proof that the 600 series is the right aircraft for the replacement wave of previous generation turboprop aircraft, resulting in renewed demand. We welcome DAT to this community. We congratulate Avation PLC in their achievements to place new, modern aircraft in the regional aviation market."
-ENDS-
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