REG - Avation PLC - COMPLETION OF ACQUISITION OF AIRCRAFT

AvationAnnouncement

26/03/2025 07:00

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RNS Number : 2690C  Avation PLC  26 March 2025

 Via RNS and SGXNET

AVATION PLC

("Avation" or "the Company")

 

COMPLETION OF ACQUISITION OF AIRCRAFT

 

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company Is
pleased to announce that it has completed the previously announced acquisition
of an Airbus A320 aircraft on long-term lease to Etihad Airlines. This
secondary market transaction increases Avation's fleet to 33 leased aircraft
and adds a high credit quality airline to Avation's customer list. This 2013
built aircraft will remain on lease to Etihad until October 2031.

Avation's Executive Chairman, Jeff Chatfield said: "We are delighted to
announce the successful completion of this narrowbody aircraft acquisition
today which takes our total fleet to 33 aircraft and further diversifies our
customer list to 16 airlines in 14 countries."

 

-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 (http://www.avation.net) .

 

 

 

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