?> Avation expects FY lease revenue to be c. $90 millon - DirectorsTalk

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Avation expects FY lease revenue to be c. $90 millon

Avation said it expects lease revenue for the year-ended 30 June 2023 to be about U$90 million.

The market for air travel has continued to recover strongly with overall air passenger traffic at over 90% of pre-COVID levels according to IATA’s latest air passenger market analysis report.

Domestic air travel, a key market segment for Avation, exceeded pre-COVID levels for the first time in April 2023 with international travel growth also showing strong momentum.

Avation PLC (LON:AVAP) is a commercial passenger aircraft leasing company owning a fleet of aircraft which it leases to airlines across the world. Avation’s future focus are new technology low CO2 emission aircraft.

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