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/

Consensus recommendation


As of Jun 14, 2013, the investment analyst covering Avation PLC advises investors to purchase equity in the company.


Share price forecast


The one analyst offering a 12 month price target expects Avation PLC share price to rise to 125.00 in the next year from the last price of 63.50

5 June 2013
AVATION PLC
(the “Company”)
Director’s Dealing
The Board of Avation PLC (LSE: AVAP) the commercial passenger aircraft leasing company
announces that on 4 June 2013, Epsom Assets Ltd, a Company beneficially owned by Jeff
Chatfield, a director of the Company, purchased 160,000 Avation PLC ordinary shares at a price
of 62 pence per share.
Following this transaction, Mr Chatfield holds direct and indirect interests in 8,395,366 shares in
the Company, representing 17.2% of the voting rights.
--- ENDS ---






LSE: AVAP
10 June 2013
AVATION PLC
(the “Company”)
Director’s Dealing
The Board of Avation PLC (LSE: AVAP) the commercial passenger aircraft leasing company
announces that on 7 June 2013 Jeff Chatfield, a director of the Company, purchased 160,000
Avation PLC ordinary shares on market at a price of 62 pence per share.
Following this transaction, Mr Chatfield holds direct and indirect interests in 8,555,366 shares in
the Company, representing 17.52% of the voting rights.
--- ENDS ---

up nearly 19%

up 8%

Trading Update

PIM

RNS: AVAP 23 July 13 AVATION PLC (the "Company") Trading Update Revenues Continue to Grow as Aircraft Fleet Increases Avation PLC, (LSE: AVAP) the aircraft leasing company, which purchases commercial passenger aircraft and simultaneously leases them to airlines, today provides a trading update for the financial year ending June 30 2013. Highlights include: * Group revenues are expected to rise by 22 per cent compared to the prior year to USD 42.7 million; this revenue figure exceeds published market expectations * Additions to fleet in the second half of the year: o Two ATR 72- 600 aircraft, giving Avation a total of 12 o One Airbus A320 - 200 o One Airbus A321, acquired by Avation's subsidiary, AIM-listed Capital Lease Aviation * Avation's total aircraft fleet now stands at 23 units * Ten more aircraft are on firm order for delivery before the end of 2014 o 'Contracted' growth is 43 per cent - to a fleet size of around 34 aircraft * Appointment of Liberum Capital Limited and W H Ireland as joint corporate brokers * Underwritten Open Offer oversubscribed by 160 per cent Jeff Chatfield, Executive Chairman and Founding Director said: "Trading has been very robust in the period and this is clearly reflected in the strong growth of our revenues. We are focused on our strategy of growing our fleet rapidly and diversifying our customer base. This strategy is clearly working for us and I am very encouraged by the high level of growth which is already locked in. I am hopeful that there is even more to come. Given the contracted growth we are looking forward to 2014 with confidence." Trading Outlook The directors have an expectation of a substantial increase in Group revenues for the year ending 30 June 2013. These are expected to increase by 22 per cent over the previous year to around USD 42.7 million (2012: USD 35 million). These are Directors' unaudited estimates. Several aircraft deliveries are expected in the next 12 months. Results Results for the year ending 30 June 2013 will be announced on the 27 August 2013. The results will be denominated in US dollars, which are the primary functional currency for the Company's aircraft lease revenues and debt obligations. -ENDS- More information on Avation PLC can be seen at: www.avation.net Enquiries: Avation PLC Jeff Chatfield, Chairman +44 7783 942 553 W H Ireland Harry Ansell / James Joyce +44 20 7220 1666 Liberum Capital Limited Chris Bowman / Richard Bootle +44 203 100 2222 Blythe Weigh Communications Tim Blythe / Eleanor Parry +44 207 138 3204 Avation plc

FLASH: Avation group revenues up 22% 23 July 2013 | 07:01am StockMarketWire.com - - See more at: http://www.stockmarketwire.com/article/4636528/FLASH-Avation-group-revenues-up-22pct.html#sthash.vliNLZQO.dpuf

New Airline Customer

PIM

RNS: AVAP 26 July 13 AVATION PLC (the "Company") NEW AIRLINE CUSTOMER Avation PLC, (LSE: AVAP) the aircraft leasing company, which purchases commercial passenger aircraft and leases them to airlines, today announces that it has secured a new airline customer. Avation PLC has entered into a Letter of Intent with Fiji Airways for the lease of one new ATR 72-600 to be delivered in April 2014. The operating lease will be for a twelve year term and is at typical commercial lease rates. The operator of the aircraft will be Fiji Airways' regional subsidiary Pacific Sun. The operating lease is subject to final contract between the parties. The aircraft is being delivered pursuant to the exercise of one of the aircraft options for 2014 delivery positions owned by the Company. Avation PLC's Executive Chairman, Jeff Chatfield said "We are excited to welcome Fiji Airways to our increasingly diversified airline customer pool. This new airline is an important expansion of our customer base." For reference the full text of the Pacific Sun media release is quoted below in this announcement. -ENDS- More information on Avation PLC can be seen at: www.avation.net Enquiries: Avation PLC Jeff Chatfield, Chairman +44 7783 942 553 W H Ireland Harry Ansell / James Joyce +44 20 7220 1666 Liberum Capital Limited Chris Bowman / Richard Bootle +44 203 100 2222 Blythe Weigh Communications Tim Blythe / Eleanor Parry +44 207 138 3204 The full text of the Pacific Sun Media release: " PACIFIC SUN TO ADD NEW ATR 72-600 TO ITS FLEET New acquisition to boost domestic and regional travel and trade Pacific Sun, Fiji Airways' regional subsidiary has today announced that it will lease an ATR 72-600 aircraft, to add to its fleet of two ATR 42 and three DHC Havilland Twin Otter aircraft. Pacific Sun has signed a formal Letter of Intent (LOI) for this leased aircraft with Singapore-based aircraft leasing company Avation PLC. Pending the signing of the formal contact, the brand new ATR 72-600 is expected to arrive in Fiji in April 2014. The aircraft would be acquired as an operating lease for 12 years, and funded by the company's own finances, without the need for external financing. Pacific Sun intends to use the new aircraft on its domestic and regional (Pacific Islands) routes, which it operates on behalf of Fiji Airways. Nalin Patel, Pacific Sun's Chairman said the intent to acquire an additional, larger aircraft stems from the airline's confidence in the growth of domestic and regional travel. "Pacific Sun provides an invaluable link between Fiji's main and outer islands, as well as between Fiji and its Pacific neighbours, Mr. Patel said. "With the growth in domestic and regional traffic experienced in the past years, and a restructure of Pacific Sun's operations under the leadership of General Manager Shaenaz Voss now complete, the time is now right for the airline to expand its fleet. This will provide a boost to travel between Fiji's larger domestic ports (Nadi, Suva and Labasa), as well as encourage further travel and trade between Fiji, Tuvalu, Kiribati, Vanuatu, Samoa and Tonga." Voss says the decision to acquire the larger ATR 72-600 aircraft, which can carry 68 passengers was done after careful and independent assessment of Pacific Sun's route network and the traffic it carried year round. "What this acquisition will allow us to do is match demand with the right capacity. Due to its size, our new ATR will operate between Fiji's larger ports - Nadi, Suva and Labasa, and from Fiji to other Pacific island destinations, so naturally we will increase frequency of flights between to our Regional Ports. While we look forward to announcing what our schedules will look like, we can safely say that the increased capacity and frequency will allow us to offer more convenient services with even better connectivity opportunities with Fiji Airways' international schedules." Pacific Sun's ATR pilots will undergo a 'difference' course and will be certified to operate both ATR 42 and ATR 72 aircraft types when the new aircraft joins the fleet. "While we have the required number of pilots to operate the new ATR 72 once it's inducted into the fleet, we will also promote from within our existing national pilot complement". Aubrey Swift, Fiji Airways Acting CEO says the new aircraft acquisition is the start of further investment the parent company will make in Pacific Sun. "Now that Fiji Airways has been launched and all continues to go well for the national carrier, the Board and Fiji Airways' Management now turn the focus to our regional subsidiary. As part of the Fiji Airways revitalisation and turnaround, Pacific Sun has already undergone operational restructuring. The work going on now is fleet and network optimisation to ensure that the Pacific Sun adds valuable capacity to the domestic and regional markets." ### Note to Editors: Details and background on Avation PLC can be found here: http://avation.net/about.html ISSUED, July 26, 2013 - Fiji Airways Executive Office For press queries please contact: Shane Hussein Manager Public Relations and Communications Fiji Airways | Nadi, Fiji Ph: +679 673 7425 | Shane.Hussein@fijiairways.com Avation plc

Unaudited Prelimary Financial Results For Year ...


Avation earnings up 46%

StockMarketWire.com

http://www.moneyam.com/action/news/showArticle?id=4656618

Delivery of 13th ATR 72 Aircraft

RNS


RNS Number : 0197O

Avation PLC

16 September 2013






LSE: AVAP

16 September 2013



AVATION PLC
(the "Company")


DELIVERY OF THIRTEENTH ATR 72 AIRCRAFT



The Directors of Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company have the pleasure of announcing that the Company has today taken delivery of its thirteenth new ATR 72 aircraft. This aircraft is the seventh ATR 72-600 type aircraft to be delivered to date. This latest aircraft will be leased to the Australian carrier Virgin Australia Regional Airlines.

Commenting today, Jeff Chatfield, Executive Chairman of Avation PLC said: "The delivery of this additional new ATR 72 aircraft continues the implementation of the growth strategy for the Company and the roll-out of our fleet program with Virgin Australia Regional Airlines. This new aircraft will again immediately contribute positively to the continuing growth of the Company's revenues and profits. This aircraft is the first of a series of eight scheduled ATR-72 deliveries for financial year 2014."

ENDS

SHARE BUYBACK

PIM

LSE: AVAP 20 September 2013 AVATION PLC (the "Company") SHARE BUYBACK Avation PLC, the commercial passenger aircraft leasing company, announces that it purchased 150,000 ordinary shares in the Company on 19 September 2013 at a price of 94 pence per ordinary share representing approximately 0.31 per cent of the Company's current issued ordinary share capital. These 150,000 ordinary shares are to be held in treasury. The purchase was conducted in accordance with the authority given by shareholders at the AGM conducted on the 4th of December 2012. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, following the share buyback, the total number of ordinary shares in issue as at the date of this notice is 48,822,960, with 300,000 shares held in treasury. Therefore the figure of 48,522,960 may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules. --- ENDS --- ENQUIRIES Avation PLC: +65 9735 4151 Jeff Chatfield (Executive Chairman) Liberum Capital Limited: +44 203 100 2222 Chris Bowman / Richard Bootle W H Ireland Limited: +44 207 220 1666 James Joyce / Harry Ansell Blythe Weigh Communications: +44 20 7138 3204 Tim Blythe / Eleanor Parry Avation plc

Final Dividend Payment Date - Update

PIM

RNS: AVAP 7 November 2013 AVATION PLC (the "Company") FINAL DIVIDEND PAYMENT DATE - UPDATE Avation PLC, (LSE: AVAP) the aircraft leasing company, which purchases commercial passenger aircraft and leases them to airlines, advises that the exchange rate for the dividend payments to be made in GBP will be the USD/GBP exchange rate as at close of business on 4 November 2013; namely US$1.00 to GB£0.6263 as advised by the Company's bankers. Accordingly, all holders of shares on the UK Register will receive a dividend paid in Sterling of 1.11 pence per share. The Company further advises that, at the request of the service providers facilitating the payment of the dividend, the Dividend Payment Date will be moved to 25 November 2013. The Ex-Dividend Date and Record Date remain as previously announced. For clarity and certainty: 2013 final dividend payment date 25 November 2013 -ENDS- More information on Avation PLC can be seen at: www.avation.net Enquiries: Avation PLC Jeff Chatfield, Chairman +44 7783 942 553 W H Ireland Harry Ansell / James Joyce +44 20 7220 1666 Liberum Capital Limited Chris Bowman / Richard Bootle +44 203 100 2222 Blythe Weigh Communications Tim Blythe / Eleanor Parry +44 207 138 3204 Avation plc

The Naked Trader - One that came up at the seminar and appears to have value is Avation (LON:) and I bought 5,000 at 106 then they went up quite a bit to 120 but they went down 10p this morning so took advantage of that weird drop using the two timing techniques I taught some of you at the seminar and I bought another 3,000 at 108.75 today.

It leases planes - the last set of results were pretty impressive and I think these shares are set for take off.

It now has 23 planes in its fleet, revenues are going up, as are dividends.

The shares are gradually going up and still look good value. At the moment my thoughts are to keep them for a while perhaps targetting around 175p

Well done DC. I got in at 106 for 2000 after a mention in Shares Mag a few weeks ago.
It was one of Slater's picks. Wish I had bought more now (as usual for a winner!).

Thanks David, Slater thought the sp may double, even better.

Ex-Dividend

13 Nov 13 Avation Plc [AVAP] (1.11 p)

12 Nov Liberum Capital 125.00 Buy

Trading Update and Sale of Two New Aircraft

PIM

RNS: AVAP 20 November 2013 AVATION PLC (the "Company") TRADING UPDATE AND SALE OF TWO NEW AIRCRAFT Avation PLC, (LSE: AVAP) the aircraft leasing company announces that the directors believe that Company revenues for the period ending December 2013 will be significantly ahead of the same period last year as a consequence of the sale of two aircraft and in respect to general trading conditions. The directors make no statement as to an overall profit forecast. SALES TRANSACTION Avation has entered into an agreement to sell two new ATR72 600 aircraft to a third party. The right and opportunity to acquire these two aircraft are pursuant to the exercise of "in the money" purchase options over new, soon to be delivered, ATR72-600 aircraft. Avation is the owner of a series of delivery options over new aircraft, which at exercise are typically either leased to commercial passenger airlines or otherwise alternatively sold to third parties. In this instance the two new aircraft are being sold at the prevailing market price. Profits from this sale are typical of transactions of this nature. Completion is due to occur in December 2013 in respect of the first aircraft and January 2014 in respect of the second. As a result of the sale and purchase agreement a newly incorporated wholly owned subsidiary of the Company, AVAP Aircraft Trading Pte Ltd, now holds non refundable cash deposits as security for the transactions. After the exercise of these options and the sale of the two aircraft, Avation PLC remains the owner of a further 27 options and purchase right positions, in addition to its further existing seven firm ATR72-600 aircraft orders that are scheduled for delivery in calendar year 2014. Executive Chairman, Jeff Chatfield, said, "The sale of these two aircraft is an expansion of our business scope. We are having a satisfactory year. In terms of human resources we are in the process of modestly expanding the size of our marketing team. Our core business is that of leasing commercial passenger aircraft. This transaction confirms our ability to market aircraft, which we are willing to do in appropriate economic circumstances." -ENDS- More information on Avation PLC can be seen at: www.avation.net Enquiries: Avation PLC Jeff Chatfield, Executive Chairman +65 973514151 W H Ireland Harry Ansell / James Joyce +44 20 7220 1666 Liberum Capital Limited Chris Bowman / Richard Bootle +44 203 100 2222 Blythe Weigh Communications Tim Blythe / Eleanor Parry +44 207 138 3204 Avation plc

Dividend Monday 25 Nov

Avation PLC, (LSE: AVAP) the aircraft leasing company, which purchases commercial passenger aircraft and leases them to airlines, advises that the exchange rate for the dividend payments to be made in GBP will be the USD/GBP exchange rate as at close of business on 4 November 2013; namely US$1.00 to GB£0.6263 as advised by the Company's bankers.
Accordingly, all holders of shares on the UK Register will receive a dividend paid in Sterling of 1.11 pence per share.
The Company further advises that, at the request of the service providers facilitating the payment of the dividend, the Dividend Payment Date will be moved to 25 November 2013. The Ex-Dividend Date and Record Date remain as previously announced.
For clarity and certainty: 2013 final dividend payment date 25 November 2013

Back to the sp high.

Glad I bought another 2000 last week!!