Avation (AVAP)

Sector:

Commercial Transport

112.75p
   
  • Change Today:
      1.75p
  • 52 Week High: 142.00
  • 52 Week Low: 100.00
  • Currency: UK Pounds
  • Shares Issued: 70.88m
  • Volume: 110,397
  • Market Cap: £79.92m

Avation H1 revenues down amid airline sector recovery

By Iain Gilbert

Date: Friday 03 Feb 2023

LONDON (ShareCast) - (Sharecast News) - Aircraft leasing firm Avation said on Friday that interim revenues had fallen as the airline sector continues to recover from the Covid-19 pandemic.
Avation stated half-year revenues were expected to be approximately $46.0m as global domestic air travel recovered to around 77% of 2019 levels, while international travel recovered to around 73% of 2019 levels.

Number for aircraft slipped from 39 to 37 in the six months ended 31 December, while number of airline customers dropped to 16 from 17 and total contracted future lease revenue receivable fell from $568.0m in the six months ended 30 June to $509.0m.

Avation added that it was focussed on the execution of deliveries and sale agreements for its remaining off-lease aircraft in the second half ending 30 June 30.

As of 1145 GMT, Avation shares were down 5.76% at 124.40p.





Reporting by Iain Gilbert at Sharecast.com

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Avation Market Data

Currency UK Pounds
Share Price 112.75p
Change Today 1.75p
% Change 1.58 %
52 Week High 142.00
52 Week Low 100.00
Volume 110,397
Shares Issued 70.88m
Market Cap £79.92m

Avation Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
89.21% above the market average89.21% above the market average89.21% above the market average89.21% above the market average89.21% 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
49.35% above the market average49.35% above the market average49.35% above the market average49.35% above the market average49.35% above the market average
Sector averageSector averageSector averageSector averageSector average
Income Not Available
Growth
73.32% below the market average73.32% below the market average73.32% below the market average73.32% below the market average73.32% below the market average
87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% 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 27-Feb-2024

Time Volume / Share Price
10:55 19,285 @ 113.50p
09:34 25,000 @ 112.50p
11:00 2,500 @ 113.00p
11:00 2,500 @ 113.00p
10:36 3,000 @ 113.50p

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