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Avation PLC delivered an ATR72-600 aircraft to a new customer. The lease for this aircraft commenced on March 18, 2023. This delivery follows the Company's prior announcement on March 2, 2023, regarding the lease of this aircraft.
| Date | 20 Mar 2023 |
| Time | 07:07:13 |
| Category | Acquisitions and alliances |
| ID | 4961T |
Via RNS and SGXNET
AVATION PLC
("Avation" or "the Company")
AIRCRAFT DELIVERY
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, advises that further the Company's announcement on 2 March 2023 relating to the lease of an ATR72-600 aircraft to a new customer, the Company can advise that the aircraft was delivered to the customer and the lease commenced on 18 of March 2023.
Avation's Executive Chairman, Jeff Chatfield said: "We are pleased to have delivered this aircraft to a new customer. The management remains confident of placing or selling the two remaining unutilised aircraft before 30 June 2023."
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Enquiries:
Avation PLC - Jeff Chatfield, Executive Chairman +65 6252 2077
Avation welcomes shareholder questions and comments and advises the email address is: investor@avation.net
Notes to Editors:
Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world.
More information on Avation is available at www.avation.net.