Asset Acquisitions and Disposals::SECOND ATR 72-600 DELIVERY TO MANDARIN AIRLINES

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
05-Dec-2017 18:00:58
Status
New
Announcement Sub Title
SECOND ATR 72-600 DELIVERY TO MANDARIN AIRLINES
Announcement Reference
SG171205OTHRTHZW
Submitted By (Co./ Ind. Name)
AVATION PLC / DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
05/12/2017 17:00:00
Description (Please provide a detailed description of the event in the box below)
Avation PLC, the commercial passenger aircraft leasing company, has delivered a second ATR 72600 aircraft to Mandarin Airlines, a subsidiary of Taiwan s flag carrier China Airlines. This delivery is in a series of three new ATR 72-600 aircraft scheduled for Mandarin Airlines before the end of the year under leases that were announced on the 19th of July 2017. The leases are at market rates and the lease duration is eight years.

Attachments

avap_rns_second mandarin airlines_nov17 final.pdf
Total size =145K