Via RNS and SGXNET
AVATION PLC
("Avation" or "the Company")
SALE OF AIRBUS A321 AIRCRAFT
Avation PLC (LSE: AVAP) the commercial passenger aircraft leasing company announces that it has completed the sale of a 20-year-old Airbus A321-200 aircraft.
Executive Chairman Jeff Chatfield said "Avation has a policy of focusing on new design, young and fuel-efficient aircraft. This A321 was Avation's oldest aircraft at about 20 years old, and thus was an ideal candidate for disposal".
-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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