General Announcement::New ATR 72-600 Delivery

Issuer & Securities

Issuer/ Manager
AVATION CAPITAL S.A.
Securities
AVATIONCAP US$300M6.5%210515A - US05351CAA53 - 8ULB
AVATIONCAP US$300M6.5%210515R - USL56473AA67 - 8UMB
AVATIONCAP US$50M6.5%210515RT - USL56473AB41 - PHMB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
22-Aug-2019 11:42:54
Status
New
Announcement Sub Title
New ATR 72-600 Delivery
Announcement Reference
SG190822OTHRSG2K
Submitted By (Co./ Ind. Name)
Duncan Scott
Designation
Group General Counsel
Description (Please provide a detailed description of the event in the box below)
Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company is pleased to announce that it has delivered a new ATR 72-600 turboprop aircraft to a South Asian airline at the manufacturer's facility in Toulouse, France. The aircraft is on finance lease to the airline for a term of six years.

Avation's Executive Chairman, Jeff Chatfield said: "We are very pleased to complete this transaction out of our existing ATR order-book. This delivery takes our total fleet to 48 aircraft."