Avation PLC provided earnings guidance for the second half and for the year ended June 30, 2016. For the second half, the company's profits are expected to be materially increased when compared with the first half of the year. For the year, the company's pre tax profit is expected to be approximately USD 18 million and associated earnings per share are anticipated to be about 32 cents per share. The increased profits are primarily due increased trading profits from the disposal of aircraft. The company expects that the pre-tax profits will be above market expectations for the period. The unaudited lease revenues for the year are anticipated to be about 25% higher than for 2015, increasing to about USD 71 million.