Avation (AVAP): Investor Update, July 2020
Jul 13th, 2020 by piworld
This video can be seen at: https://www.piworld.co.uk/2020/07/13/avation-avap-investor-update-july-2020/
Richard Wolanski, Finance Director, gives a comprehensive overview of Avation, how they’ve managed CV-19, and how he sees the outlook.
Overview - 00:18
Snapshot of Avation – 01:00
Financials, 9 months to 31st March 20 - 03:20
COVID-19 Liquidity Strategy - 04:22
Customer Overview - 06:21
Support for Airline Customers - 09:22
Support for Senior Lenders - 10:15
Virgin Australia Update - 11:15
Asia & Europe travel is returning - 15:19
Closing remarks – 19:52
Avation PLC is a United Kingdom-based company engaged in leasing of aircraft. The Company is a commercial passenger aircraft leasing group managing a fleet of 47 aircraft, which are leased to airlines globally. The Company's fleet includes Airbus A220, A220-300 A320 and A321 narrow-body jets, Boeing 777-300ER and Airbus A330-300 twin-aisle jets, Boeing 737-800 NG, ATR 72 twin engine turboprop aircraft and five older Fokker 100 jets. It supplies regional, narrow-body and twin-aisle aircraft to the airline industry. It serves the commercial airlines. It owns, through its subsidiaries, a range of commercial passenger jet aircraft, which are leased to various airlines in Europe, Asia and Australia. The Company's subsidiaries include Avation Capital S.A., which is engaged in financing, and Capital Lease Aviation Limited and MSN429 Leaseco Limited, which are engaged in aircraft leasing.