General Announcement::Trading Update and Half-Year Results

Issuer & Securities

Issuer/ Manager: AVATION CAPITAL S.A.
Securities: AVATIONCAP US$300M6.5%210515A - US05351CAA53 - 8ULB
AVATIONCAP US$300M6.5%210515R - USL56473AA67 - 8UMB
AVATIONCAP US$50M6.5%210515RT - USL56473AB41 - PHMB
Stapled Security: No

Announcement Title: General Announcement
Date &Time of Broadcast: 11-Feb-2019 17:04:28
Status: New
Announcement Sub Title: Trading Update and Half-Year Results
Announcement Reference: SG190211OTHR2XMI
Submitted By (Co./ Ind. Name): Duncan Scott
Designation: Group General Counsel
Description (Please provide a detailed description of the event in the box below): TRADING RESULTS

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, provides investors with an update on current operations concerning the half-year period ending 31 December 2018.

The Company's business continues to perform well. Results preparation is underway and Avation expects to report increased profit for the six months ended 31 December 2018, with both earnings per share and profit before taxation expected to be approximately double that of the comparable half-year period ended 31 December 2017. Revenue (unaudited) is expected to increase to approximately US$58 million (2017: US$52.4 million).

HALF-YEAR RESULTS

The Company advises that it expects to publish its results for the six-month period on the morning of 21 February 2019.
The Company will make further announcements, provide appropriate commentary and establish an investor call associated with the results in due course.