AVATION PLC (LON:AVAP)

Industrial

Incorporated in England and Wales in 2006, Avation plc is a Singapore-based commercial passenger aircraft leasing company that owns and manages a fleet of aircraft which it leases through its subsidiaries to airlines across the world. Its customer base are spread across 15 countries in Europe and the Asia-Pacific region that includes Cebu Pacific, Philippine Airlines, Loganair, Garuda Indonesia, easyjet, Air India, Fiji Airways, Air France, Eva Air, Mandarin Airlines, Vietjet Air, Danish Air Transport and airBaltic. The company’s fleet includes Airbus A330, A321, A320 and A220 aircraft, ATR 72-600 and 72-500 aircraft, and Boeing 737 NG and 777-300ER aircraft. In total, the company has 46 aircraft. Since 2010, the company’s shares are admitted to the standard segment of the UK listing authority’s official list and are traded on the Main Market segment of the London Stock Exchange as LON: AVAP.

The company aims to expand its fleet portfolio and continue to diversify its customer base. It has eight ATR 72-600 aircraft on order from the manufacturer of which four are scheduled to deliver in 2022. It holds the purchase right of other 25 aircrafts. The company might purchase new and second-hand jet aircrafts on an ad-hoc basis.  The company’s management team has been highly experienced in the aviation industry and has the expertise to select, acquire and manage aircraft that have achieved strong operational performance for its customers and delivers high stable return to its shareholders.

The company’s subsidiaries include Aviation Capital S.A., Which is engaged in Financing and Aviation Group (S0 Pte. Ltd), MSN429 Leaseco Limited, Capital Lease Aviation Limited and AVAP Leasing (Asia) Limited, which are engaged in aircraft leasing.   

Contact Information

company address AVATION PLC 65 Kampong Bahru Road, #01-01 169370 Singapore

company phone+65.6.2522077

company websitehttp://www.avation.net/

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