Avation PLC SALE OF ATR 72 AIRCRAFT (6547Y)
May 14 2021 - 01:00AM
UK Regulatory
TIDMAVAP
RNS Number : 6547Y
Avation PLC
14 May 2021
Via RNS and SGXNET
AVATION PLC
("Avation" or "the Company")
SALE OF ATR 72 AIRCRAFT
Avation PLC (AVAP: LSE), the commercial passenger aircraft
leasing company announces that it has sold at current market rates
an ATR 72-600 aircraft with manufacturer's serial number 1591 to
another regional aircraft lessor. The aircraft is on lease to the
South Asian airline US-Bangla Airlines.
Avation's Executive Chairman, Jeff Chatfield said: "We are
pleased to complete this sale transaction on an unencumbered
aircraft. The transaction demonstrates that there is demand out
there for appropriate assets and the ATR 72 is the best-suited
aircraft for the regional market."
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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