Avation PLC well placed to prosper with its very strategic, environmentally friendly orderbook

Avation PLC (LON:AVAP), the commercial passenger aircraft leasing company, has stated today that it will hold its Annual General Meeting today in Singapore which will include the following Chairman’s Statement. The purpose of this statement is to provide investors with an update on current operations.

Market

In its most recent air passenger market analysis report IATA noted continued strength in air travel with revenue passenger kilometres (“RPKs”) increasing 30.1% in the year to September 2023.  Total market RPKs are now around 97% of pre-COVID levels comparing September 2023 to the same month in 2019.

Market values for aircraft have continued to recover and Avation believes that values of popular new narrowbody aircraft types have increased by 10-15% since January 2022.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Avation plc

More articles like this

Avation plc

ATR brings Starlink high-speed internet to regional air travel

ATR, the global leader in regional aircraft manufacturing, is revolutionising passenger experiences with the integration of Starlink high-speed internet across its fleet. Following rigorous tests on its ATR 72-600 aircraft and certification by EASA, ATR is

Avation plc

Avation PLC thriving amid strong air travel demand

Avation, a Singapore-based aircraft leasing company, strategically positions itself in the thriving aviation sector amid supply chain constraints, focusing on shareholder value and sustainable growth.

Avation plc

Avation concludes share buyback

Avation PLC (LON: AVAP), has announced that it has concluded a repurchase of 7,800,000 shares, through the market, at 150p each, representing 10.45% of the 74,671,886 ordinary shares in issue. Repurchased shares will be held in treasury.

Avation plc

Enhancing accessibility for all travellers

Celebrate International Day of Persons with Disabilities with ATR, a leading aircraft manufacturer dedicated to creating inclusive travel experiences for all passengers.

Avation plc

Driving sustainability and innovation in European aviation

The European aviation industry is facing a shortage of sustainable aviation fuel (SAF), hindering decarbonization efforts. Learn more about solutions and challenges in this sector. #EuropeAviation #SustainableFuel #ClimateAction