In this interview, Avation plc (LON:AVAP) Executive Chairman Jeff Chatfield shares how the company secured a $300 million bond refinancing package and why it positions them more strongly going forward. He also discusses recent credit rating upgrades, a standout 16-year widebody lease extension, and the company’s growth plans with narrowbody aircraft and turboprops. This conversation offers a direct look at how Avation is managing capital, scaling its fleet and navigating a supply-starved aviation sector.
Key Moments:
- [00:10] – Introduction to Avation and Jeff Chatfield
- [00:31] – Why the $300m 2031 bond was issued and how it de-risks the business
- [01:58] – Comparison of bond market environment now vs. 2026
- [03:48] – Upgraded credit ratings from S&P, Moody’s and Fitch
- [06:32] – EVA lease extension on A330 to 2031 and its value
- [08:28] – Narrowbody aircraft growth strategy and sourcing challenges
- [09:05] – Role and relevance of ATR turboprops in Avation’s fleet
- [11:07] – What investors can expect over the next 12 months
- [11:52] – Access to debt and equity markets and recent capital raising
What the Company Does:
Avation plc is a commercial passenger aircraft leasing company, owning a fleet of aircraft leased to airlines across the world.