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Avation ( (GB:AVAP) ) just unveiled an update.
Avation PLC has signed a twelve-year lease agreement with Cambodian Airways for a new ATR 72-600 aircraft, marking the second Avation-owned aircraft to be placed with the Cambodian carrier, with delivery scheduled for October 2026. The aircraft is the fourth of ten ATR 72-600s Avation ordered in 2024 under its long-term contract with ATR, underscoring the lessor’s strategy to expand and place its turboprop portfolio in growing regional markets and deepen relationships with airline customers in Southeast Asia.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £134.00 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’s overall stock score is primarily impacted by its financial challenges, including high leverage and negative profitability. Technical indicators also suggest bearish momentum. While recent corporate events are positive, they do not offset the fundamental financial concerns.
To see Spark’s full report on GB:AVAP stock, click here.
More about Avation
Avation PLC is a Singapore-headquartered commercial passenger aircraft leasing company that owns and manages a fleet of aircraft leased to airlines globally, focusing on regional and narrow-body jets and turboprops such as the ATR 72-600.
Average Trading Volume: 259,997
Technical Sentiment Signal: Sell
Current Market Cap: £87.71M
Learn more about AVAP stock on TipRanks’ Stock Analysis page.