Avation PLC LEASE OF ATR 72-500 AIRCRAFT (4023Y)
06 September 2022 - 4:44PM
UK Regulatory
TIDMAVAP TIDMAVAW
RNS Number : 4023Y
Avation PLC
06 September 2022
Via RNS and SGXNET
AVATION PLC
("Avation" or "the Company")
LEASE OF ATR 72-500 AIRCRAFT
Avation PLC (LSE: AVAP), the commercial passenger aircraft
leasing company advises that it has completed the delivery of one
ATR 72-500 to Yeti Airlines on operating lease. Yeti Airlines is a
new customer for Avation and Nepal is a new jurisdiction for
Avation. This unencumbered aircraft is the Company's final ex
Virgin Australia ATR 72-500.
Avation's Executive Chairman, Jeff Chatfield said: " We are
pleased to establish an operating lease transaction with Yeti
Airlines on our last available ATR 72-500 aircraft. We are
observing recovery in the air travel industry, notably in the
regional sector where the ATR 72 is the best-suited 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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