[ADVERT]
Share Name Share Symbol Market Type Share ISIN Share Description
Avation Plc LSE:AVAP London Ordinary Share GB00B196F554 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 1.96% 104.00 101.00 107.00 104.00 102.00 102.00 235,070 15:53:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Transportation 85.1 -50.8 -94.8 - 72

Avation PLC SALE OF ATR 72-500 AIRCRAFT

22/06/2021 7:40am

UK Regulatory (RNS & others)


Avation (LSE:AVAP)
Historical Stock Chart


From Apr 2021 to Oct 2021

Click Here for more Avation Charts.

TIDMAVAP

RNS Number : 6704C

Avation PLC

22 June 2021

Via RNS and SGXNET

AVATION PLC

("Avation" or "the Company")

SALE OF ATR 72-500 AIRCRAFT

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, is pleased to announce that it has sold a 2011 built ATR 72-500 aircraft with manufacturer serial number 978.

The aircraft was one of 11 ATR aircraft previously leased to Virgin Australia ("Virgin") which were redelivered to the Company when Virgin entered administration. The sale of this aircraft leaves Avation with seven remaining aircraft previously leased to Virgin which will be transitioned or sold.

Avation's Executive Chairman, Jeff Chatfield said: "We are pleased to conclude the sale of this ten-year-old aircraft to a North American airline. This sale further reduces the inventory of aircraft which were recovered from by Virgin Australia."

ENDS -

Enquiries:

   Avation PLC - Jeff Chatfield, Executive Chairman                                      +65 6252 2077 

Avation welcomes shareholder questions and comments and advises the email address is: investor@avation.net

Notes to Editors:

Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world.

More information on Avation is available at www.avation.net .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DISPPUMWQUPGUQP

(END) Dow Jones Newswires

June 22, 2021 02:40 ET (06:40 GMT)

1 Year Avation Chart

1 Year Avation Chart

1 Month Avation Chart

1 Month Avation Chart
ADVFN Advertorial
Your Recent History
LSE
AVAP
Avation
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20211021 16:13:09