Avation PLC (LON:AVAP) Executive Chairman Jeff Chatfield joins DirectorsTalk Interviews to discuss company progress and expectations for 2024.
In this interview, Jeff discusses various aspects of the aircraft leasing industry and the company’s performance in 2023, as well as expectations for 2024. He highlights the strong demand for aircraft like the A321 and A320, and touches on the recovery of the travel industry post-COVID. Chatfield also addresses the misconception that Avation primarily serves tier two and three airlines, emphasizing their dealings with flag carriers and improved recovery of arrears. He speaks on the challenges faced due to rising interest rates affecting leasing costs and the squeeze on yield and interest rates. Jeff also discusses the availability of debt and equity capital in 2023, the potential for consolidation in the lessors market, and the impact of supply issues causing delays in aircraft delivery. He suggests that companies with existing aircraft or order books, like Avation, are well-positioned to capitalize on these market conditions.
