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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3.00 | 2.73% | 113.00 | 111.00 | 115.00 | 113.00 | 110.25 | 110.50 | 106,178 | 10:29:14 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Equip Rental & Leasing, Nec | 91.86M | 12.19M | 0.1720 | 6.57 | 80.08M |
From Apr 2021 to Apr 2024
TIDMAVAP
RNS Number : 4130S
Avation PLC
16 November 2021
Via RNS and SGXNET
AVATION PLC
("Avation" or "the Company")
SALE OF THREE ATR 72-600 AIRCRAFT
Avation PLC (LSE: AVAP) the commercial passenger aircraft leasing company announces that, further to the announcement of 30 September 2021, it has signed agreements for the sale of three ATR 72-600 aircraft to Aegean Airlines S.A. of Greece ("Aegean").
These aircraft are three of the five ATR 72-600 aircraft returned to the Company following the voluntary administration of Virgin Australia in 2020. They will be delivered to Aegean over the coming months following maintenance and preparation. The sale and purchase agreements remain subject to customary conditions precedent to be satisfied on each delivery.
Executive Chairman Jeff Chatfield said "Avation is pleased to announce this further disposal of unutilised assets, which releases tied up equity and allows the Company to re-focus on future growth."
-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
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(END) Dow Jones Newswires
November 16, 2021 02:00 ET (07:00 GMT)
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