UK 17:26 Monday, 19 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
As weak fuel prices and low interest rates combine to enhance aviation’s fortunes, ambitious passenger aircraft leasing specialist Avation (AVAP) is on track to lift its fleet from 29 to 41, taking its assets to $950 million (£629 million), with options on more, by the second half of next year, after agreeing to buy its first Boeing 737. With customers already including Virgin Australia, Air France, Fiji Airways and Thomas Cook, the fully-listed company, based in Singapore but with a strong Down Under flavour, is buying a plane operated by and on a 5.5-year lease to an unnamed Chinese carrier, described by finance director Richard Wolanski as ‘a Tier 1 Chinese airline.’
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
