AVATION PLC - SALE OF AIRCRAFT.

ENPNewswire-May 13, 2022--AVATION PLC - SALE OF AIRCRAFT

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Release date- 12052022 - Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, advises that it has completed the sale of the second of a series of ex-Virgin Australia Airlines ATR72- 600s to Aegean Airlines. Avation's Executive Chairman, Jeff Chatfield said: 'Avation continues to reduce its few remaining unutilised aircraft in the fleet. We anticipate zero unutilised aircraft by the end of the calendar year 2022. Sales of unutilised aircraft provide capital to rebuild in a postpandemic recovery phase.'

Contact:

Avation PLC

Jeff Chatfield

Executive Chairman

T: +65 6252 2077

Avation PLC is...

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