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Spread: 3.00 (2.239%)
Market Cap: £82.00m
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Twentieth New ATR72 Delivery

24 Oct 2014 08:52

RNS Number : 2271V
Avation PLC
24 October 2014
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AVAP

24 October 2014

AVATION PLC

('Avation' or 'the Company')

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TWENTIETH NEW ATR72 DELIVERY

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The Directors of Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announce that the Company has taken delivery of a new ATR 72 aircraft from the factory in Toulouse, France and that the aircraft has been leased to UNI Airways Corporation, the largest regional domestic airline in Taiwan.

This is the second ATR72-600 type aircraft that the Company has delivered to UNI Airways Corporation.

Commenting today, Jeff Chatfield, Chairman of Avation, said: "We are very happy to fulfil this order from UNI Airways Corporation and to take delivery of our twentieth new ATR72 aircraft. This delivery represents an important milestone for the company in the expansion of our fleet and we are very pleased to lease this aircraft to an airline of such high esteem as UNI Airways."

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---ENDS---

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More information on Avation can be seen at: www.avation.netΒ and UNI Airways at www.uniair.com.tw

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Enquiries:

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Avation PLC - Jeff Chatfield, Executive Chairman

+65 6252 2077

WH Ireland - Harry Ansell / James Joyce

+44 207 220 1666

Cenkos - Guy Briselden

+44 207 397 8900

Blytheweigh - Tim Blythe

+44 207 138 3204

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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18th Mar 20247:00 amRNSTransaction in Own Shares
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15th Mar 20247:00 amRNSAIRCRAFT SALE COMPLETION
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4th Mar 20247:00 amRNSTransaction in Own Shares
1st Mar 20247:00 amRNSHalf-year Report
27th Feb 20247:00 amRNSINTERIM RESULTS AND INVESTOR UPDATE CALL
28th Dec 20237:00 amRNSTreasury Dealing

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