Asset Acquisitions and Disposals::COMPLETION OF PURCHASE A320 ON LEASE TO AIR FRANCE

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
21-Sep-2015 16:49:21
Status
New
Announcement Sub Title
COMPLETION OF PURCHASE A320 ON LEASE TO AIR FRANCE
Announcement Reference
SG150921OTHRYMMD
Submitted By (Co./ Ind. Name)
AVATION PLC / DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
18/09/2015 18:00:00
Description (Please provide a detailed description of the event in the box below)
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announces that it has completed the purchase of an Airbus A320-200 on lease to Air France that was initially announced on 7 August 2015.

The aircraft was acquired from another aircraft leasing company. The aircraft is four years old and the purchase is being conducted on typical commercial terms. This A320-200 delivery brings the number of A320 family aircraft owned by the Avation PLC group to six aircraft.

Attachments

avap_rns_air_france_plane_completion_sept15.pdf
Total size =68K