Avation PLC’s Credit Rating Affirmed by Fitch
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Avation PLC's Long-Term Issuer Default Rating has been affirmed at 'B' with a Stable Outlook by Fitch Ratings. The senior unsecured bond issued by Avation Group also received a final long-term debt rating of 'B'/’RR4’. Despite a Hold rating from analysts with a £156.00 price target, Avation faces challenges due to high leverage and negative profitability, leading to a Neutral outlook from Spark's AI Analyst. The company's market cap stands at £93.43M, and it specializes in aircraft leasing.
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