The plane will be the fifth that Avation has leased to Braathens, the first of which is due to be delivered this month
() has leased one of the ATR 72-600 aircraft in its order book to Swedish regional airline Braathens.
The aircraft will be delivered at the manufacturer’s facility in Toulouse, France in March and be leased for 10 years.
The plane will be the fifth that Avation has leased to Braathens, the first of which is due to be delivered this month.
Avation also announced that its credit rating had been upgraded to ‘positive’ from ‘BB’ by the Japan Credit Rating Agency.
Jeff Chatfield, Avation’s executive chairman, said the company was constantly seeking “to improve its credit rating in order to lower its funding cost”.
In early trading on Thursday, Avation's shares were steady at 267.5p.
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