Avation sees first-half profits doubling

Passenger aircraft leasing company Avation said it expected both its first-half profit and earnings per share to roughly double on-year.

Revenue for the six months through December was expected to rise to $58m, up from $52.4m

'The company's business continues to perform well,' Avation said in a brief trading update.

Interim results were scheduled to be published on 21 February.

At 2:46pm: (LON:AVAP) Avation Plc share price was +10p at 273.5p