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Avation makes first twin-aisle aircraft delivery

Philippine Airlines will use the new aeroplanes primarily on routes from Manila to North America
Twin-aisle aircraft
Hitherto, Avation has specialised in single-aisle aircraft

Aircraft leasing company Avation PLC (LON:AVAP) has acquired and delivered into service a new Boeing 777-300ER commercial passenger aircraft.

The new Boeing 777-300ER aircraft is on a long-term lease at typical commercial rates for such aircraft with Philippine Airlines.

READ: Avation secures aircraft revolving facility agreement with leading international bank

"We're pleased our first twin-aisle delivery is a Boeing 777, the marquee airplane in its class. We're confident this airplane will complement our regional and single-aisle fleet and help Avation continue to grow as a full-service commercial aircraft lessor," said Jeff Chatfield, the executive chairman of Avation.

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September 20 2018
Avation said its 2018 performance showed growth consistent with an increase in fleet assets and record high monthly lease rental collections

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