Avation is James Faulkner’s small cap of the week
Avation Plc (AVAP) is a commercial jet aircraft owner and leasing provider, formed in July 2006, as a spin-off from the former Advent Air Ltd (now Skywest Airlines Ltd). Avation itself initially focused on servicing Skywest but a diversification strategy, of leasing a variety of types of aircraft to a wider range of airlines, saw…