REG - Avation PLC - NEW AIRLINE LEASE AGREEMENT

AvationAnnouncement

09/04/2025 07:00

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RNS Number : 0823E  Avation PLC  09 April 2025

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AVATION PLC

("Avation" or "the Company")

NEW AIRLINE LEASE AGREEMENT

 

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, is
pleased to announce the signing of a six-year lease agreement with Colombian
airline Clic Air for an ATR 72-600 aircraft. The aircraft is currently being
returned by the previous operator and is scheduled for delivery to Clic Air in
the coming weeks, following the completion of scheduled periodic maintenance
checks and standard inspections.

 

Avation's Executive Chairman Jeff Chatfield commented: "We are pleased to have
secured a new six year lease for this aircraft which marks a key milestone in
our growth story with the entry of Avation into the South American market, and
we are delighted to welcome Clic Air as a new customer."

 

-ENDS-

 

Enquiries:

Avation PLC - Jeff Chatfield, Executive Chairman +65 6252 2077

 

Avation welcomes shareholder questions and comments and advises the email
address for questions is: investor@avation.net and the Company provides an
investor Q & A during the conference call associated with release of
results. The head office telephone number is +65 6252 2077.

 

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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