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ATR DELIVERY TO DANISH AIR TRANSPORT

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RNS Number : 3548I
Avation PLC
23 November 2018
 

AVATION PLC

("AVAP" or "the Company")

 

ATR DELIVERY TO DANISH AIR TRANSPORT

Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company, announces that it has delivered a second new ATR 72-600 aircraft to Danish Air Transport AS ("DAT").

Jeff Chatfield, Executive Chairman, commented: "We are pleased to continue delivering aircraft from our order book. This new aircraft was delivered to DAT today at ATR's facility in Toulouse, France. The lease is for 12 years and is at the current market rate."

Mr Chatfield also stated: "Avation currently holds options for 25 additional new ATR 72-600 aircraft with delivery dates extending out to 2023. We note with interest the recent developments concerning the sale by Bombardier of the Q400 production line. Avation has no exposure to Q400 aircraft."

-ENDS-

More information on Avation can be seen at: www.avation.net

 

Enquiries:

 

Avation PLC - Jeff Chatfield Executive Chairman                                         +65 6252 2077

 

Notes to Editors:

Avation PLC (AVAP: LSE) is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to international airlines across the globe.  

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 [email protected] or visit www.rns.com.
 
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Market Cap: £165.47 m
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