14 July 2017 – confirmation of delivery
The company has confirmed that on 30 June 2017 it took delivery of its 29th new ATR 72-600 aircraft from the factory in Toulouse. The aircraft is required to be fitted out and configured for a lessee airline and is due to enter commercial service at the end of October. Avation has eight further ATR 72-600 aircraft on order and it anticipates two further ATR 72-600 deliveries in late 2017. The shares are a BUY.