Avation PLC to Sell Boeing 777-300ER, Enhancing Fleet Strategy

The latest announcement is out from Avation ( (GB:AVAP) ).

Avation PLC has announced an agreement to sell a Boeing 777-300ER aircraft, currently leased to Philippine Airlines, capitalizing on strong asset valuations post-COVID. The sale is expected to generate a significant profit above book value, releasing approximately US$33 million in net cash proceeds after debt repayment. This cash will be used to reduce debt and potentially reinvest in high-quality narrowbody aircraft, enhancing fleet resilience and diversification. The transaction is anticipated to complete in the third quarter of 2025, aligning with Avation’s strategy to optimize its fleet’s risk profile and reduce leverage.

The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.

Spark’s Take on GB:AVAP Stock

According to Spark, TipRanks’ AI Analyst, GB:AVAP is a Neutral.

Avation PLC shows a solid valuation with a low P/E ratio, indicating potential undervaluation. The company’s financial performance is improving, with strong cash flows and operational efficiency gains, offset by revenue volatility and high leverage. Positive corporate events, including strategic debt reduction and market expansion, further support the stock’s outlook.

To see Spark’s full report on GB:AVAP stock, click here.

More about Avation

Avation PLC is an aircraft leasing company headquartered in Singapore. It owns and manages a fleet of commercial passenger aircraft, which it leases to airlines worldwide.

Average Trading Volume: 110,869

Technical Sentiment Signal: Buy

Current Market Cap: £96.89M

Find detailed analytics on AVAP stock on TipRanks’ Stock Analysis page.