LONDON: Avation Plc (LON: AVAP), the commercial passenger aircraft leasing company announced that it has sold at current market rates an ATR 72-600 aircraft with manufacturer’s serial number 1591 to another regional aircraft lessor.
The aircraft is on lease to the South Asian airline US-Bangla Airlines.
Avation’s Executive Chairman, Jeff Chatfield said: “We are pleased to complete this sale transaction on an unencumbered aircraft. The transaction demonstrates that there is demand out there for appropriate assets and the ATR 72 is the best-suited aircraft for the regional market.”
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.
Avation PLC LON: AVAP
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13 May, 12:30 pm GMT+1 · Disclaimer