Picture of Avation logo

AVAP Avation News Story

gb flag iconLast trade - 00:00
IndustrialsSpeculativeSmall CapNeutral


For best results when printing this announcement, please click on link below:

RNS Number : 6118H  Avation PLC  07 April 2022



("Avation" or "the Company")




Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company
announces   the Company has expanded its operational team with a new head of
commercial development, Mr Soeren Ferre. Mr Ferre will assist with commercial
projects including leasing and trading aircraft.


Mr Ferre was formally the CEO at AerCap Group Services (NYSE: AER), one of the
world's largest aircraft leasing companies. Soeren also held other positions
at AerCap, including Head of Europe, Africa, Middle East and the Asia Pacific,
Head of Asia Pacific, and Vice President of Marketing Asia Pacific. AerCap
grew its portfolio from US$2 billion to US$10 billion during the 7 years
Soeren worked there. Before his tenure at AerCap, Soeren was working at
leading aircraft manufacturer Airbus as Sales Director Pacific and China
(1997-2003) and General Manager Marketing China (1995-1997). After Aercap, he
was a Strategic Advisor to the Board of Directors of APFLeet, an aircraft
purchase and leasing firm. He was also a director of Avation PLC subsidiary
Capital Lease Aviation PLC and non-executive chairman of Bravo Passenger
Solutions, a Singaporean IT services provider to airlines. Notwithstanding
this new position, he remains partner at Transport Capital Pte Ltd.


Executive Chairman Jeff Chatfield said "the Company needs to accelerate away
from the Covid-19 crisis and restore growth and development in 2023, the
foundations need to be established now during the industry recovery phase".




-     ENDS -



Avation PLC - Jeff Chatfield, Executive
+65 6252 2077


Avation welcomes shareholder questions and comments and advises the email
address is: investor@avation.net (mailto: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

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)

Recent news on Avation

See all news