Avation PLC TRANSITION OF SECOND AIRBUS A321 AIRCRAFT (8506Z)

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RNS Number : 8506Z

Avation PLC

15 January 2020

RNS, SGXNet

AVATION PLC

(the "Company")

TRANSITION OF SECOND AIRBUS A321 AIRCRAFT

SINGAPORE - 15 January 2020 - Avation PLC, (LSE: AVAP) the commercial passenger aircraft leasing company, is pleased to announce that, further to its announcement on 9 January 2020, it has delivered to Vietjet Air under a long term operating lease the second of two Airbus A321 aircraft which are being transitioned from a prior operator. The aircraft has completed calendar airframe maintenance checks, been configured for operations by VietJet Air and has been put into Vietjet Air livery.

VietJet Air operates a substantial route network of 135 routes including domestic and international destinations in Thailand, Singapore, South Korea, Taiwan, Malaysia, China, Japan, Hong Kong, Indonesia, India and Myanmar. It operates a modern fleet of Airbus A320s and A321s with an average age of 3.3 years. VietJet Air is a valued existing customer of Avation.

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Enquiries:

   Avation                                                                        T: [phone] 

Jeff Chatfield, Executive Chairman

Avation welcomes shareholder questions and comments and advises the email address is:

[e-mail].

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 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 [e-mail] or visit www.rns.com.

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January 15, 2020 02:00 ET (07:00 GMT)