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An update from Avation ( (GB:AVAP) ) is now available.
Avation PLC has signed a six-year transition lease agreement with Colombian carrier Clic Air for an ATR 72-600 aircraft that has been returned by its previous operator and is now undergoing scheduled maintenance and inspections ahead of delivery. The deal, which extends Avation’s relationship with existing customer Clic Air and enables a seamless redeployment of the turboprop asset, underscores the company’s ability to efficiently place returned aircraft and maintain utilisation across its leasing portfolio.
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 worldwide.
Average Trading Volume: 248,630
Technical Sentiment Signal: Sell
Current Market Cap: £87.15M
Find detailed analytics on AVAP stock on TipRanks’ Stock Analysis page.