19 Sep 2014 07:00
RNS: AVAP
19 September 2014
AVATION PLC
('Avation' or 'the Company')
NEW AIRCRAFT DELIVERY IN EUROPE
The Directors of Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announce today that the Company has purchased and taken delivery of an additional new ATR 72-600 aircraft from the manufacturer. The aircraft is leased to a European airline for a period of 10 years.
This brings to 19 the total number of new ATR 72 aircraft delivered to the Company to date.
Commenting today, Jeff Chatfield, Chairman of Avation, said: "Consistent with our strategy of diversifying the customer base and geography for our leased aircraft we are pleased to announce this new delivery to a European airline. This delivery continues the growth of the Company's portfolio and will make a positive contribution to revenues and profitability."
---ENDS---
More information on Avation can be seen at: www.avation.net
Enquiries:
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 / Eleanor Parry | +44 207 138 3204 |
Avation (AVAP)