The global aviation market is on the cusp of one of its strongest periods in the past decade, driven by increasing passenger demand and constrained supply of new aircraft from manufacturers. Against this promising backdrop, Avation plc (LON:AVAP), a dynamic commercial aircraft lessor, is well-positioned to soar to new heights.
Zeus Capital’s recent research highlights Avation’s strategic advantages, including its diversified fleet, robust financial foundation, and forward-thinking growth strategies. The company’s financial year 2024 (FY24) results are a testament to its resilience and adaptability, showcasing significant progress post-pandemic. Fleet utilisation reached 100% for the first time since COVID-19, and the business is backed by an impressive order book for up to 36 ATR 72 aircraft, a popular model lauded for its low carbon footprint and efficiency.
A Diversified and Sustainable Fleet
Avation’s fleet of 32 aircraft is leased to 15 airlines spanning 13 countries, reflecting a well-diversified customer base. The fleet includes narrow-body, turboprop, and wide-body aircraft, with over half of its value attributed to highly sought-after models like the Airbus A320 and ATR 72-600. These aircraft not only offer operational reliability but also align with the global shift towards low-carbon aviation.
