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(Alliance News) - Avation PLC said on Monday it has delivered a second new ATR 72-600 aircraft to South Asian airline US-Bangla Airlines.
The operating lease for the aircraft is at a market rates, Avation said.
Executive Chair Jeff Chatfield said: "We are pleased to complete this second operating lease transaction with US-Bangla Airlines."
Shares in the commercial passenger aircraft leasing company were down 0.8% at 293.50 pence in London on Monday.
Also Monday, Avation said it has issued default notices to Thomas Cook Group PLC to repossess its two aircraft with the collapsed holiday operator.
By Lucy Heming; lucyheming@alliancenews.com
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