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The latest update is out from Avation ( (GB:AVAP) ).
Avation PLC has secured an $85 million expandable portfolio financing facility with a major international bank to refinance select aircraft in its fleet and potentially add new ones. This move is expected to significantly enhance Avation’s cash flow and financial position, demonstrating strategic growth and financial prudence within the competitive aircraft leasing industry.
More about Avation
Avation PLC is an aircraft leasing company based in Singapore, managing a fleet of commercial passenger aircraft leased to airlines globally.
YTD Price Performance: -9.54%
Average Trading Volume: 511,629
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £91.95M
See more data about AVAP stock on TipRanks’ Stock Analysis page.