Asset Acquisitions and Disposals::AIRBUS A321 AIRCRAFT DELIVERED TO VIETJET

Issuer & Securities

Issuer/ Manager
AVATION CAPITAL S.A.
Securities
AVATIONCAPUS$100M7.5%N200527A - US05351QAA40 - 29YB
AVATIONCAPUS$100M7.5%N200527R - USL5647NAA20 - 29ZB
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
23-Dec-2016 16:38:41
Status
New
Announcement Sub Title
AIRBUS A321 AIRCRAFT DELIVERED TO VIETJET
Announcement Reference
SG161223OTHRNPAI
Submitted By (Co./ Ind. Name)
AVATION PLC / DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
23/12/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company announces the successful purchase and completion of delivery of a further factory-new Airbus A321 200 aircraft (the Airbus ) to Vietjet, the leading domestic and international new-age carrier of Vietnam. This aircraft is an additional new aircraft delivery direct from the Airbus production facility in Hamburg, Germany.

This delivery completes the current series of aircraft contracted by the Company with Vietjet.

The Airbus is equipped with CFM International CFM56-5B3/3 engines and seating for 230 passengers, the highest seat density of an Airbus A321-200. It will be employed by Vietjet on its expanding route network of domestic and international destinations from multiple bases in Vietnam. The aircraft is serial number 7454 and was delivered on schedule. The long term operating lease terms are typical for an aircraft of this type.

Attachments

avap_rns_vietjet delivery_dec16.pdf
Total size =55K