TIDMAVAP

RNS Number : 0688S

Avation PLC

11 November 2021

Via RNS and SGXNET

AVATION PLC

("Avation" or "the Company")

SALE OF AIRBUS A321 AIRCRAFT

Avation PLC (LSE: AVAP) the commercial passenger aircraft leasing company announces that it has completed the sale of a 20-year-old Airbus A321-200 aircraft.

Executive Chairman Jeff Chatfield said "Avation has a policy of focusing on new design, young and fuel-efficient aircraft. This A321 was Avation's oldest aircraft at about 20 years old, and thus was an ideal candidate for disposal".

-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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November 11, 2021 02:00 ET (07:00 GMT)

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