Avation (AVAP)

Sector:

Commercial Transport

117.25p
   
  • Change Today:
      1.25p
  • 52 Week High: 128.00
  • 52 Week Low: 100.00
  • Currency: UK Pounds
  • Shares Issued: 70.82m
  • Volume: 32,146
  • Market Cap: £83.03m
  • Beta: 0.01

Avation repossesses its two Thomas Cook aircraft

By Josh White

Date: Friday 04 Oct 2019

LONDON (ShareCast) - (Sharecast News) - Commercial passenger aircraft leasing company Avation confirmed on Friday that it had leased two Airbus A321 aircraft to the now-defunct Thomas Cook Airlines.
The London-listed firm said they had now been repossessed, and ferried from Manchester and Gatwick airports to an aircraft maintenance and repair organisation outside the UK.

It said the two aircraft would undergo routine calendar airframe maintenance checks, and would be marketed and delivered to another airline in due course.

"Avation is pleased with the success of our technical team in quickly repossessing and repositioning the two aircraft previously operated by Thomas Cook," said the company's executive chairman Jeff Chatfield.

"These two Airbus A321 aircraft are relatively new at approximately 3.5 years old and in our view are in superb condition.

"They will be marketed globally in a state fresh from a 2C airframe check and we anticipate them being in high demand amongst airlines."

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Avation Market Data

Currency UK Pounds
Share Price 117.25p
Change Today 1.25p
% Change 1.08 %
52 Week High 128.00
52 Week Low 100.00
Volume 32,146
Shares Issued 70.82m
Market Cap £83.03m
Beta 0.01

Avation Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.88% above the market average87.88% above the market average87.88% above the market average87.88% above the market average87.88% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average
Price Trend
17.63% above the market average17.63% above the market average17.63% above the market average17.63% above the market average17.63% above the market average
Sector averageSector averageSector averageSector averageSector average
Income Not Available
Growth
74.27% below the market average74.27% below the market average74.27% below the market average74.27% below the market average74.27% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
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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 03-May-2024

Time Volume / Share Price
14:37 8,500 @ 117.00p
11:30 1,741 @ 115.77p
11:00 800 @ 115.00p
11:00 800 @ 115.00p
10:21 600 @ 117.00p

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