General Announcement::FIRST 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
General Announcement
Date &Time of Broadcast
27-Nov-2017 18:35:31
Status
New
Announcement Sub Title
FIRST ATR 72-600 DELIVERY TO MANDARIN AIRLINES
Announcement Reference
SG171127OTHRPEJ2
Submitted By (Co./ Ind. Name)
DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
27/11/2017 00:00:00
Description (Please provide a detailed description of the event in the box below)
Avation PLC LSE AVAP, the commercial passenger aircraft leasing company, has delivered a new ATR 72-600 aircraft to Mandarin Airlines, a subsidiary of Taiwan s flag carrier China Airlines. The delivery is the first in a series of new ATR 72-600 aircraft which will be delivered to 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 term is 8 years.

Attachments

avap_rns_mandarin_airlines_nov17.pdf
Total size =57K