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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Avation Plc | LSE:AVAP | London | Ordinary Share | GB00B196F554 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.00 | 1.65% | 123.00 | 121.00 | 125.00 | 123.00 | 121.00 | 121.00 | 55,810 | 09:26:04 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Equip Rental & Leasing, Nec | 91.86M | 12.19M | 0.1720 | 7.15 | 87.16M |
From May 2019 to May 2024
TIDMAVAP
RNS Number : 5572S
Avation PLC
22 December 2016
AVATION PLC
("Avation" or "the Company")
SALE OF FIVE FOKKER 100 AIRCRAFT
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company announces that it has sold five Fokker 100 aircraft.
The five aircraft were the last remaining Fokker aircraft in the Avation fleet. The sale to the buyer has been effected by way of finance leases with the purchase price payable by way of monthly instalments over a term of three years. The total consideration for the aircraft is approximately at book value. The five aircraft were originally manufactured in 1992-1994.
Jeff Chatfield, Executive Chairman said "These aircraft were sold in accordance with the Company's risk policies and desire to maintain a young fleet."
-ENDS-
More information on Avation can be seen at: www.avation.net
Enquiries:
Avation Jeff Chatfield, Executive T: +65 6252 2077 Chairman
Notes to Editors:
Avation PLC is a commercial passenger aircraft leasing company, owning and managing a fleet of 39 jet and turboprop aircraft which it leases to airlines across the world. The Company's customers include Air France, Air Berlin, Air India, Condor, Flybe, Fiji Airways, Thomas Cook, Virgin Australia, UNI Air and Vietjet.
This information is provided by RNS
The company news service from the London Stock Exchange
END
AGRFEMSIEFMSEEE
(END) Dow Jones Newswires
December 22, 2016 02:00 ET (07:00 GMT)
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