General Announcement::ATR 72 Delivery to Danish Air Transport

Issuer & Securities

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

Announcement Title: General Announcement
Date &Time of Broadcast: 01-Oct-2018 17:53:57
Status: New
Announcement Sub Title: ATR 72 Delivery to Danish Air Transport
Announcement Reference: SG181001OTHRZ7NC
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, announces that it has delivered the first new ATR 72-600 aircraft to Danish Air Transport AS ("DAT").

Jeff Chatfield, Executive Chairman, commented: "We are pleased to welcome DAT as a customer and wish them well with the aircraft which was delivered today at ATR's facility in Toulouse, France. The lease is for 12 years and is at a market rate."

DAT comment: "We are pleased with Avation's speed of execution and the flexibility provided in quickly establishing a lease on a new plane."

Karine Guenan, Vice President Leasing, Asset Management & Freighter Customer & Structured Finance at ATR commented: "This is the first ATR 72-600 aircraft for DAT and is proof that the 600 series is the right aircraft for the replacement wave of previous generation turboprop aircraft, resulting in renewed demand. We welcome DAT to this community. We congratulate Avation PLC in their achievements to place new, modern aircraft in the regional aviation market."

Total size =510K