Avation PLC expects profit to be significantly ahead of current market expectations

Summer travel season is gearing up, and skies across the country will soon be filled with vacationers. However, this surge in passenger volume coincides with a unique period for airlines, many of which have recently reduced

The weather in the United Kingdom may be below average this summer, but the market between North America and Western Europe has never been hotter. The year 2024 is set to break records with nearly 140,000

The world’s first in-flight study on the use of 100% sustainable aviation fuel (SAF) in both engines of a commercial aircraft has revealed promising results. The study showed a reduction in soot particles and the formation

A new initiative has been launched to promote the integration of artificial intelligence technologies within the aviation industry. This effort is spearheaded by the Cities Today Institute, with airports collaborating alongside founding members Zensors AI, NVIDIA,

Just a year after announcing its new collection of high-end cabin configurations, ATR has revealed an advanced design for its new All-Business Class configuration at the Aircraft Interiors Expo 2024. Zuzana Hrnkova, ATR’s Vice-President of Marketing,

Avation announced the execution of a sale and purchase agreement with an airline client for the next two ATR 72-600 aircraft deliveries from the manufacturer. This agreement follows the earlier exercise of purchase rights under Avation’s

Avation PLC has ordered ten ATR 72-600 aircraft to become part of its fleet. This new generation turboprop, known for its exceptional performance, offers the lowest CO2 emissions per trip in the regional market, reaffirming Avation’s

During the worst days of the pandemic, many regional and remote communities relied on turboprops to deliver urgent medical personnel, supplies, and services and to keep them connected to the outside world, particularly in areas with

Singapore-based lessor Avation has ordered 10 ATR 72-600s and signed purchase rights for another 24 examples.  Delivery of the 10 turboprops are scheduled between 2025 and 2028, states ATR, in a statement announcing the order. The

ATR, the world’s number one regional aircraft manufacturer, announced the signature of a firm order for 10 ATR 72-600 with Avation PLC. Deliveries are scheduled between 2025 and 2028, showcasing Avation’s long-term vision and confidence in

Avation PLC has reached full capacity utilization by leasing its last off-lease ATR 72-600 to PNG Air for six years, marking a significant post-pandemic recovery milestone. The aircraft leasing company’s fleet is now fully employed, allowing

Airbus SE (stock exchange symbol: AIR) has announced that C. Jeffrey Knittel is retiring as Chairman and Chief Executive Officer of Airbus Americas, Inc. effective June 3, 2024, after serving as the region’s top executive since

French aircraft giant Airbus has delivered 142 planes to customers this years, nearly twice as many as its American rival Boeing, which is struggling with production amid heightened scrutiny after a door plug fell off one