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Avation Plc ("the Company") is a procurement and leasing company. Avation Plc is the owner of commercial aircraft which are leased to a major regional airline, the arrangement produces significant cash flows to the Company. The bulk of its balance sheet is comprised of ownership of these aircraft. Furthermore the Company is also a supplier and financier of broadcasting equipment to radio and television broadcasters and offers a procurement service for airlines to purchase consumables. The Company also owns an intellectual property portfolio.