Providers/Avation PLC
Aircraft lenderCompany

Avation PLC

Singapore, Singapore

Avation fits as a commercial aircraft leasing provider, not a retail aircraft lender. It owns aircraft through subsidiaries and leases them to airline customers worldwide, with an official April 2026 fleet of 33 aircraft and an emphasis on ATR 72 turboprops, Airbus narrowbodies and newer, fuel-efficient aircraft. Its public materials show a direct leasing model, long-term airline leases, aircraft trading and portfolio refinancing, but no online application or published customer rate sheet.

Best for

  • Commercial airline operators
  • Regional airline operators
  • ACMI or scheduled passenger operators seeking commercial aircraft leases
  • Airline counterparties interested in ATR 72, Airbus A220, A320, A321 or A330 aircraft

Potential drawbacks

  • No online application, preapproval or instant quote flow found.
  • No current public lease-rate schedule, minimum transaction size or customer credit criteria found.
  • No independent customer-review corpus found.
  • Official available-aircraft page currently states no aircraft are available for lease.
  • Business model is exposed to airline credit risk, financing costs, leverage and aircraft residual values.

Coverage and fit

Aircraft segments

turbopropjetregionalcommercialnarrowbodywidebody

Coverage lines

Not listed.

Borrower segments

commercial operatorairline operator

Usage segments

commercial airlineregional airlinescheduled passenger serviceACMI provider

Research signals

Reputation score

Not scored

Signal strength

low

Sources

20

Public discourse is mostly investor, analyst, trade and market commentary rather than verified lessee customer reviews. Official and trade coverage portrays Avation as a small specialized listed aircraft lessor benefiting from aircraft scarcity, ATR demand, long-term lease placements and credit-rating improvement. Independent investor commentary also highlights leverage, capital intensity, residual-value risk, cost-of-capital risk and limited scale versus larger lessors. No recurring airline-customer complaints or independent customer-review corpus was found.

Positive themes

  • Specialized commercial aircraft lessor with ATR turboprop and narrowbody focus.
  • Long-term airline leases and public customer list.
  • ATR orderbook and purchase rights provide growth optionality.
  • Improved credit ratings and extended debt maturity profile.
  • Public-company disclosures provide more transparency than many private lessors.

Negative themes

  • No independent customer-review corpus found.
  • Capital-intensive and leveraged business model.
  • Investor commentary flags residual-value, financing-cost and airline-credit exposure.
  • FY2025 reported a loss after tax despite higher revenue.
  • Official available-aircraft page currently says no aircraft are available for lease.

Forum themes

  • Stockopedia investor discussion praised Avation's ATR positioning and detailed investment write-up but debated residual-value risk, low ROCE, leverage and competitiveness versus larger lessors.
  • Reddit signal found was limited to a single low-detail mention of Avation PLC/AVAP in a value-investing stock thread.

Sources