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/

Avation PLC (AVAP:LSE) set a new 52-week high during today's trading session when it reached 141.00. Over this period, the share price is up 62.02%.

Who said they wanted 130p blasting out of the way.............loads err money.

Yes and what a blast through! Even better than OPAY....
What will tomorrow bring?

possibly a reality check with dow currently down 130
it is in times like that that MM's really take chunks out of PIs

Yes sometimes we need those!

david, the 'i' may vanish tomorrow . :-))

Will that mean the share price will rise further!!

Perhaps not tomorrow. Strange that once you make a mistake on the header it cannot be corrected. Perhaps Ian will have a look .

Sold 4000 at 138.10
Was in from 105.00 and satisfied with the profit. Good company and will buy back in if price falls back.

Should I looked again on the Portfolio?


david lucas - 11 Nov 2013 20:10 - 15 of 53
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!).

why do some stocks, such as this one, have this strange 4x a day "uncrossing" procedure and what are its implications?

Many thanks Ian. :-))

1

What you on about Cynic????? just get some bloody bought.

Just look how cheap they are....... below 6 on a foward P/E. Giving them away.

Latest Share Price (p) 0.00 Net Gearing (%) 70.12
Market Cap (£m) 67.24 Gross Gearing (%) 75.09
Shares in issue (m) 48.37 Debt Ratio 72.18
P/E Ratio 5.98 Debt-to-Equity Ratio 0.86
Divs per share (p) 0.00 Assets / Equity Ratio 4.02
Dividend Yield (%) 0.75 Price to book value 0.68
Dividend Cover 7.85 ROCE 0.04
Earning per share (p) 23.25 EPS Growth (%) 184.93
52-week high / low (p) 140.00 / 63.50 DPS Growth (%) -100.00

These turned up on my "chuck a dart at 10 every 6 months portfolio" last week.

Wish I bought in September.

Well you will have to chuck a dart every 3 months. :-))

Three Year Extension of Aircraft Leases

PIM

AVAP 24 January 2014 AVATION PLC (The "Company") THREE YEAR EXTENSION OF AIRCRAFT LEASES Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announces that it has agreed to extend the leases of its four Fokker F100 aircraft, all of which are on lease to a major Australian airline. The leases will be extended by 36 months in each case from the previously scheduled expiry dates of each lease, which were between January and August 2014. Rentals under the extended leases are on typical market terms for transactions of this nature. Commenting today, Jeff Chatfield, Executive Chairman of the Company said: "I am pleased to announce the extension of these four aircraft leases with one of our long-standing airline partners. The extension solidifies our customer relationship while providing a revenue stream for the Company over the following three years." -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

Bought 4000 at 139.19
Target 150
Stop 128

AVATION PLC (the 'Company') Obtains sen...

PIM

February 17, 2014 AVATION PLC (the 'Company') Obtains senior secured revolving warehouse facility Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announces that it has been successful in obtaining a further finance facility to support future aircraft acquisitions. The facility has been designed to support the ad-hoc purchase of an aircraft when suitable opportunities present themselves Salient key features of the warehouse facility are: - The facility has been provided by a major European Bank and is a facility to provide a full recourse, senior secured, revolving warehouse facility to provide partial short term funding for the purchase of particular aircraft (the "Facility"); - The Facility is a revolving facility which allows drawings and then re-drawings over a three year period; - The Facility will typically be used for one aircraft at a time; - Drawings used to acquire aircraft have a two year repayment term; - The Facility interest margin is priced at usual commercial terms; - The Facility can be drawn to $20m in any instance; - Drawings may be applied up to 75% of the agreed value of the aircraft purchased. This percentage is adjusted depending upon age of aircraft and ranking of airline leasing the aircraft purchased; - The Facility is secured by the aircraft purchased; - The typical aircraft for use of proceeds include: o ERJ 190-95; o ATR 500 and 600; o Boeing 737-700 and 737-800 NG and max; o Airbus A319, A320 and A321 CEO and NEO; o Airbus A330; o Bombardier Q400; and o Boeing 777. Jeff Chatfield, Executive Chairman, said: "We are continually seeking to acquire aircraft and assessing aircraft leased to commercial airlines. The warehouse facility is a pre-approved finance line thus enabling the purchase of a target aircraft within a short timeframe. Once acquired the aircraft can then be re- financed in the more traditional manner. This process will assist Avation to quickly secure the aircraft on a case by case basis in order to produce optimal long term returns to its shareholders." -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