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REG - Avation PLC - SALE OF ONE AIRBUS A220 AIRCRAFT




 



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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