Avation PLC EX VIRGIN ATR DELIVERED TO AIRLINE (7721O)
12 October 2021 - 5:00PM
UK Regulatory
TIDMAVAP
RNS Number : 7721O
Avation PLC
12 October 2021
Via RNS and SGXNET
AVATION PLC
("Avation" or "the Company")
EX VIRGIN ATR DELIVERED TO AIRLINE
Avation PLC (AVAP: LSE), the commercial passenger aircraft
leasing company announces that it has today delivered an ATR 72-500
aircraft with manufacturer serial number 974 to the Australian
airline Hevilift. This aircraft is a former Virgin Australia
aircraft that was retrieved by the Company following the
administration of Virgin Australia. This is the third Avation
aircraft being leased by Hevilift as previously announced on 16
August 2021.
Avation's Executive Chairman, Jeff Chatfield said: "We are
pleased to deliver this aircraft to our customer, Hevilift, an
existing and valued airline. We see the beginnings of a recovery in
the air travel industry, notably in the regional sector where the
ATR 72 is the optimal aircraft".
ENDS -
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 .
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END
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