Via RNS and SGXNET
AVATION PLC
("Avation" or "the Company")
EX VIRGIN ATR DELIVERED TO AIRLINE
Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company announces that it has today delivered an ATR 72-500 aircraft with manufacturer serial number 974 to the Australian airline Hevilift. This aircraft is a former Virgin Australia aircraft that was retrieved by the Company following the administration of Virgin Australia. This is the third Avation aircraft being leased by Hevilift as previously announced on 16 August 2021.
Avation's Executive Chairman, Jeff Chatfield said: "We are pleased to deliver this aircraft to our customer, Hevilift, an existing and valued airline. We see the beginnings of a recovery in the air travel industry, notably in the regional sector where the ATR 72 is the optimal aircraft".
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.
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.
