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Avation H1 Earnings Call Highlights
Yahoo Finance· 2026-02-26 14:04
Operating profit increased by $10.5 million compared with the first half of fiscal 2024. Cawte said operating profit included a $4.1 million gain from the sale of a Boeing 777-300 aircraft, offset by an unrealized loss of $4.2 million from the revaluation of aircraft purchase rights and deposits paid. He noted that the 777 gain followed gains recognized on sales of two ATR aircraft in fiscal 2025, which he said provided evidence of strong aircraft market values.Chief Financial Officer Iain Cawte said total ...