Avation (AVAP)

Sector:

Commercial Transport

106.00p
   
  • Change Today:
    -1.50p
  • 52 Week High: 128.00
  • 52 Week Low: 100.00
  • Currency: UK Pounds
  • Shares Issued: 70.82m
  • Volume: 10,780
  • Market Cap: £75.07m

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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Avation Market Data

Currency UK Pounds
Share Price 106.00p
Change Today -1.50p
% Change -1.40 %
52 Week High 128.00
52 Week Low 100.00
Volume 10,780
Shares Issued 70.82m
Market Cap £75.07m

Avation Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
89.43% above the market average89.43% above the market average89.43% above the market average89.43% above the market average89.43% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average
Price Trend
2.23% above the market average2.23% above the market average2.23% above the market average2.23% above the market average2.23% above the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Income Not Available
Growth
74.04% below the market average74.04% below the market average74.04% below the market average74.04% below the market average74.04% below the market average
73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average73.33% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
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 19-Apr-2024

Time Volume / Share Price
16:35 2,500 @ 106.00p
16:35 250 @ 106.00p
16:35 2,250 @ 106.00p
13:10 500 @ 106.00p
11:18 4,380 @ 107.40p

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