NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Avation PLC's (Avation) long-term Issuer Default Rating (IDR) at 'B+' and its senior unsecured debt rating at 'B+/RR4'. The Rating Outlook is Stable. These actions are being taken in conjunction with a broader industry review conducted today by Fitch, which includes five aircraft leasing companies. For more commentary on the broader sector review, please see 'Fitch Completes Aircraft Lessor Peer Review,' available at 'www.fitchratings.com'.