Twentieth New ATR72 Delivery

AVAP

24 October 2014

AVATION PLC

('Avation' or 'the Company')

TWENTIETH NEW ATR72 DELIVERY

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

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