General Announcement::TRADING UPDATE

Issuer & Securities

Issuer/ Manager: AVATION CAPITAL S.A.
Securities: AVATIONCAPUS$100M7.5%N200527A - US05351QAA40 - 29YB
AVATIONCAPUS$100M7.5%N200527R - USL5647NAA20 - 29ZB
Stapled Security: No

Announcement Title: General Announcement
Date &Time of Broadcast: 05-Sep-2016 08:08:38
Status: New
Announcement Sub Title: TRADING UPDATE
Announcement Reference: SG160905OTHRI4QQ
Submitted By (Co./ Ind. Name): AVATION PLC / DUNCAN SCOTT
Designation: GENERAL COUNSEL
Effective Date and Time of the event: 05/09/2016 17:00:00
Description (Please provide a detailed description of the event in the box below): As previously notified Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company expects to release its unaudited preliminary results for the year ending 30 June 2016 on 8 September 2016 with a conference call for investors scheduled for later that day.

The Company expects that the pre-tax profits will be above market expectations for the period. The unaudited lease revenues for the year are anticipated to be about 25% higher than for 2015, increasing to about US $71 million. Financial year 2016 second half profits are expected to be materially increased when compared with the first half of the year. For the year ending 30 June 2016 Pre Tax Profit is expected to be approximately US 18 million and associated earnings per share are anticipated to be about 32 cents per share. The increased profits are primarily due increased trading profits from the disposal of aircraft.

Total size =94K