General Announcement::EX VIRGIN ATR DELIVERED TO AIRLINE

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
12-Oct-2021 21:31:12
Status
New
Announcement Sub Title
EX VIRGIN ATR DELIVERED TO AIRLINE
Announcement Reference
SG211012OTHRAB2W
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 (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.