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Avation PLC Expands Fleet with Airbus A320 Acquisition

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Avation PLC Expands Fleet with Airbus A320 Acquisition

Avation ( (GB:AVAP) ) has provided an announcement.

Avation PLC has successfully completed the acquisition of an Airbus A320 aircraft, which will be leased to Etihad Airlines until October 2031. This acquisition expands Avation’s fleet to 33 aircraft and enhances its customer base by adding a high-credit airline, further diversifying its operations across 16 airlines in 14 countries.

More about Avation

Avation PLC is an aircraft leasing company headquartered in Singapore, specializing in owning and managing a fleet of commercial passenger aircraft that it leases to airlines globally.

YTD Price Performance: -4.28%

Average Trading Volume: 255,165

Technical Sentiment Signal: Sell

Current Market Cap: £97.22M

For an in-depth examination of AVAP stock, go to TipRanks’ Stock Analysis page.

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