General Announcement::AIRCRAFT PLACEMENT

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
20-Jul-2017 14:20:39
Status
New
Announcement Sub Title
AIRCRAFT PLACEMENT
Announcement Reference
SG170720OTHRPZTB
Submitted By (Co./ Ind. Name)
DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
20/07/2017 14:20:00
Description (Please provide a detailed description of the event in the box below)
Avation PLC, the commercial passenger aircraft leasing company advises that on 19 July 2017 the board of directors of Mandarin Airlines has approved the selection from Avation and ATR of a series of aircraft for lease and purchase.

The Company has entered into a conditional letter of intent to lease three ATR 72-600 on a long term basis aircraft to Mandarin Airlines, the subsidiary of Taiwanese flag carrier China Airlines. These three aircraft will be configured to the customer s specifications and client s livery and are expected to be delivered into service in October, November and December 2017. The full text of the Mandarin Airlines announcement is included below in this announcement.

Attachments

avap_rns_aircraft placement july 17.pdf
Total size =463K