General Announcement::SECOND NEW AIRBUS 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
General Announcement
Date &Time of Broadcast
29-Jul-2016 14:25:16
Status
New
Announcement Sub Title
SECOND NEW AIRBUS DELIVERED TO VIETJET
Announcement Reference
SG160729OTHRABSV
Submitted By (Co./ Ind. Name)
AVATION PLC / DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
29/07/2016 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 delivery of a factory-new Airbus A321-200 aircraft (the "Airbus") to Vietjet, the leading domestic and international new-age carrier of Vietnam. This aircraft is the second in a series of new A321 deliveries direct from the Airbus production facility in Hamburg, Germany.

The long duration operating lease terms are typical for an aircraft of this type. The Company has secured an asset backed senior debt facility to support the purchase. The aircraft was delivered on schedule.

Attachments

rns_Vietjet Aircraft_July16.pdf
Total size =5K