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Market Cap: £81.44m
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LOGANAIR BECOMES NEW AIRLINE OPERATOR

19 Feb 2020 07:00

RNS Number : 4426D
Avation PLC
19 February 2020
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Via the RNS

AVAP:LN

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AVATION PLC

("Avation" or "the Company")

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LOGANAIR BECOMES NEW AIRLINE OPERATOR

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SINGAPORE - 19 February, 2020 AVATION PLC (LSE: AVAP) - Avation advises that two of its existing ATR 72-600 aircraft have been subleased by Loganair, the UK airline branded as "Scotland's Airline" and will start flying in the coming weeks. Loganair has over 40 aircraft in its fleet and flies to over 90 destinations across Europe, Scandinavia and the British Isles. Loganair serves 22 airports in Scotland.

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The ATR 72-600 aircraft (MSN 1260 and MSN 1277) are subleased from Flybe and will remain with Loganair until just before the end of the leases with Flybe.

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Executive Chairman of Avation, Jeff Chatfield, commented: "We are pleased to add another name to our growing list of airline operators, and we thank Flybe and Loganair for working with us on this sublease."

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-ENDS-

Enquiries:

Avation

Jeff Chatfield, Executive Chairman

T: +65 6252 2077

Avation welcomes shareholder questions and comments and advises the email address is: investor@avation.netΒ 

Notes to Editors:

Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world.

More information on Avation is available at www.avation.net.

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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 rns@lseg.com or visit www.rns.com.
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