General Announcement::OPERATIONAL UPDATE

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
14-Sep-2017 17:29:36
Status
New
Announcement Sub Title
OPERATIONAL UPDATE
Announcement Reference
SG170914OTHRSSI0
Submitted By (Co./ Ind. Name)
DUNCAN GERARD STEPHEN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
14/09/2017 17:10:00
Description (Please provide a detailed description of the event in the box below)
Avation PLC, the commercial passenger aircraft leasing company is pleased to announce it has signed multiple long term leases with two airlines for four aircraft.

In response to an analyst question, Avation confirms that it has signed a new lease for a mid life Airbus A321 which will commence on expiry of its existing lease in mid 2018. The aircraft will transition to another European Airline for a term of 72 months at typical commercial rates for a mid life aircraft.

Attachments

avap_rns_tidy up aug17.pdf
Total size =248K