Avation PLC SALE OF ONE AIRBUS A220 AIRCRAFT (5106P)
19 October 2021 - 6:17PM
UK Regulatory
TIDMAVAP
RNS Number : 5106P
Avation PLC
19 October 2021
Via RNS and SGXNET
AVATION PLC
("Avation" or "the Company")
SALE OF ONE AIRBUS A220 AIRCRAFT
Avation PLC (AVAP: LSE), the commercial passenger aircraft
leasing company announces that, further to the announcement made on
25 August 2021, it has now completed the sale of one Airbus
A220-300 aircraft with manufacturer serial number 55034, currently
on lease to Latvian carrier, airBaltic.
Avation's Executive Chairman, Jeff Chatfield said: "We are
pleased to have completed this transaction for portfolio management
purposes. This transaction demonstrates the recovery of the
secondary market in the latest technology low emission,
single-aisle aircraft, such as the Airbus A220."
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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