It is a 12-year lease, beginning July 19, and it is priced at the market rate.
"We have expanded our fleet with a second delivery to Air Baltic and we are proud to be associated with this growing and popular airline,” said Jeff Chatfield, Avation executive chairman.
“The Bombardier CS300 aircraft has been rebranded the Airbus A220-300 following completion of the acquisition of a majority stake in the C Series Aircraft Limited Partnership by Airbus.
“The A220-300 seats 130-160 passengers and has a range of up to 3,300 nautical miles. Avation is pleased to be involved with this programme as a Lessor and we are optimistic about the sales prospects for this new-technology, fuel efficient aircraft type."