Avation PLC FIRST CS300 DELIVERY TO AIR BALTIC (6278R)
18 June 2018 - 4:00PM
UK Regulatory
TIDMAVAP
RNS Number : 6278R
Avation PLC
18 June 2018
AVATION PLC
("AVAP" or "the Company")
FIRST CS300 DELIVERY TO AIR BALTIC
Avation PLC (LSE: AVAP), the commercial passenger aircraft
leasing company, has acquired and leased one factory new C Series
CS300 aircraft to airBaltic, the Latvian hybrid carrier. The lease
commenced on 15 June 2018 and is for 12 years and is at market
lease rates.
Avation Executive Chairman, Jeff Chatfield said: "We are proud
to be associated with airBaltic and we look forward to further
developing our partnership. This aircraft is the first acquisition
in a series of two aircraft. It is the first delivery for Avation
of the new-technology single-aisle CS300 aircraft and we are
pleased to be involved as a Lessor to the programme. The addition
of this new aircraft type and new customer further enhances the
diversity of the Company's portfolio."
-ENDS-
More information on Avation can be seen at: www.avation.net
Enquiries:
Avation PLC - Jeff Chatfield, Executive Chairman +65 6252
2077
Notes to Editors:
Avation PLC is a full spectrum commercial passenger aircraft
leasing company, headquartered in Singapore, owning and managing a
fleet of jet and turboprop aircraft which it leases to airlines
across the world. The Company's customers now include airBaltic,
EVA Air, easyJet, Philippine Airlines, Air France, Air India,
Flybe, Fiji Airways, Thomas Cook, Virgin Australia, Mandarin
Airlines and Vietjet Air. More information on Avation is available
at www.avation.net.
This information is provided by RNS, the news service of the
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contact rns@lseg.com or visit www.rns.com.
END
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