REG - Avation PLC - PRE RESULTS TRADING UPDATE

AvationAnnouncement

24/02/2023 07:01

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RNS Number : 9192Q  Avation PLC  23 February 2023

Via RNS and SGXNET

 

AVATION PLC

("Avation" or "the Company")

 

PRE RESULTS TRADING UPDATE

 

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company
will publish its Interim Results for the six months ended 31 December 2022 at
7am GMT (UK) on 3 March 2023. The Company is pleased to provide an update on
its financial performance ahead of the publication of its unaudited financial
results for the six months ended 31 December 2021.

 

Due to a combination of factors such as lower than anticipated aircraft
transition costs, lower administration and legal costs, improvements in
finance income, recognition of gain on an investment in a listed airline and
other variances, the Company expects its financial performance for the full
year ending 30 June 2023 to be significantly ahead of market expectations.

 

-     ENDS -

Enquiries:

Avation PLC - Jeff Chatfield, Executive
Chairman
+65 6252 2077

 

 

Avation welcomes shareholder questions and comments and advises the email
address is: investor@avation.net (mailto:investor@avation.net)

 

Notes to Editors:

Avation PLC is an aircraft leasing company, headquartered in Singapore, owning
and managing a fleet of commercial passenger aircraft which it leases to
airlines around the world. More information on Avation is available at
www.avation.net. (http://www.avation.net/)

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