Avation (AVAP)

Sector:

Commercial Transport

73.40p
   
  • Change Today:
    -1.10p
  • 52 Week High: 115.00
  • 52 Week Low: 61.50
  • Currency: UK Pounds
  • Shares Issued: 71.70m
  • Volume: 27,788
  • Market Cap: £52.63m

Avation negotiates six-year extension on 737 lease

By Josh White

Date: Monday 18 May 2020

LONDON (ShareCast) - (Sharecast News) - Commercial passenger aircraft leasing company Avation has negotiated a six-year lease extension on an Asian flag carrier-operated Boeing 737-800 aircraft.
The London-listed firm said the extension rent was at a market rate, with the expiry date for the lease extended to June 2028 from June 2022.

"We feel it is prudent in terms of risk mitigation to extend the duration of this lease to the year 2028, given the uncertain near term outlook for midlife narrow body commercial passenger aircraft," said executive chairman Jeff Chatfield.

At 1446 BST, shares in Avation were down 3.77% at 144.35p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Avation Market Data

Currency UK Pounds
Share Price 73.40p
Change Today -1.10p
% Change -1.48 %
52 Week High 115.00
52 Week Low 61.50
Volume 27,788
Shares Issued 71.70m
Market Cap £52.63m

Avation Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.10% above the market average99.10% above the market average99.10% above the market average99.10% above the market average99.10% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
70.79% below the market average70.79% below the market average70.79% below the market average70.79% below the market average70.79% below the market average
68.42% below the sector average68.42% below the sector average68.42% below the sector average68.42% below the sector average68.42% below the sector average
Income
57.81% above the market average57.81% above the market average57.81% above the market average57.81% above the market average57.81% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Growth
72.73% below the market average72.73% below the market average72.73% below the market average72.73% below the market average72.73% below the market average
57.89% below the sector average57.89% below the sector average57.89% below the sector average57.89% below the sector average57.89% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Avation Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Dec-19 03-Oct-19
Paid 09-Jan-20 18-Oct-19
Amount 2.10¢ 8.50¢

Trades for 27-May-2022

Time Volume / Share Price
16:35 3,605 @ 73.40p
15:15 4,545 @ 73.00p
15:09 5,000 @ 76.95p
09:18 5,000 @ 75.00p
08:55 1,333 @ 75.00p

Avation Key Personnel

CFO Iain Cawte

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