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Avation finance director says company is well placed to reap rewards of Asia-Pacific growth

Richard Wolanski, finance director of Avation plc (LON:AVAP), says the passenger aircraft leasing group is well placed to benefit from the fast pace of growth in the Asia-Pacific airline industry.

He adds that the company also has high hopes for the European sector too and has just unveiled a four-aircraft deal with Flybe over the next 12 months. Wolanski also explains how the company, whose share price has risen 27% over the past year, is managing to outperform an already fast-growing market.

Today, the company revealed it is to launch a medium-term note programme to reduce its reliance on placings. 

Quick facts: Avation PLC

Price: 278 GBX

LSE:AVAP
Market: LSE
Market Cap: £175.5 m
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Avation aims to double the size of its fleet

Avation PLC (LON:AVAP) Finance Director Richard Wolanski explains how the Singapore-based airplane-leasing company is growing at a faster rate than US-based AerCap (NYSE:AER) and Air Lease Corporation (NYSE:AL), and aims to double the size of its fleet.  This week, the company added...

on 05/14/2019

2 min read