General Announcement::DELIVERY OF NEW AIRBUS A321

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
31-Mar-2016 12:52:32
Status
New
Announcement Sub Title
DELIVERY OF NEW AIRBUS A321
Announcement Reference
SG160331OTHRUOP7
Submitted By (Co./ Ind. Name)
AVATION PLC / DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
31/03/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company announces the successful completion of the delivery of a second of a series of new Airbus A321-200 aircraft to Thomas Cook Airlines Limited. The aircraft was delivered at the Airbus manufacturing facility in Hamburg, Germany.

The lease is a 12 year operating lease and the terms are typical for a new delivery aircraft of this type. The Company has entered into an asset-backed senior debt facility, with an existing lender in order to finance the acquisition of this aircraft.

Attachments

avap_rns_second tc a321 mar16.pdf
Total size =5K