General Announcement::SALE OF AIRCRAFT

Issuer & Securities

Issuer/ Manager
AVATION CAPITAL S.A.
Securities
AVATIONCAP US$300M6.5%210515A - US05351CAA53 - 8ULB
AVATIONCAP US$300M6.5%210515R - USL56473AA67 - 8UMB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
25-Jun-2022 12:24:16
Status
New
Announcement Sub Title
SALE OF AIRCRAFT
Announcement Reference
SG220625OTHRREWB
Submitted By (Co./ Ind. Name)
Duncan Scott
Designation
Group General Counsel
Description (Please provide a detailed description of the event in the box below)
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, advises that it has completed the sale of the third and final of a series of three ex-Virgin Australia Airlines ATR 72-600s to Aegean Airlines.

Avation's Executive Chairman, Jeff Chatfield said: "As the passenger airline market recovers Avation continues to trade out of aircraft impacted by Covid-19."

-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.