LONDON: Avation PLC (LSE: AVAP), a leading commercial passenger aircraft leasing company, is pleased to announce a six-year lease agreement with Colombian airline Clic Air for an ATR 72-600 aircraft. The aircraft, currently in the process of being returned by its previous operator, is set for delivery to Clic Air in the coming weeks after…
All posts tagged Avation PLC
Avation signs three ATR leases with Hevilift
LONDON, UK: Avation PLC, the commercial passenger aircraft leasing company announced that it has signed new five-year leases for three ATR 72-500 aircraft with the Australian airline Hevilift. Two of the new leases are follow-on leases for aircraft that are already operating with Hevilift and the third is a new lease. The first of the…
Avation delivers a new ATR 72-600 aircraft to US-Bangla Airlines
LONDON: Avation Plc, the commercial passenger aircraft leasing company, has delivered a new ATR 72-600 aircraft, with manufacturer’s serial number 1591, to the South Asian airline US-Bangla Airlines. Avation’s Executive Chairman, Jeff Chatfield said: “We are pleased to complete this third operating lease transaction with US-Bangla Airlines. We are starting to observe recovery in the…
Avation PLC
Avation PLC is a commercial passenger aircraft leasing company with airline customers around the world. Avation is listed on the Main Market of the London Stock Exchange (LSE:AVAP) and is headquartered in Singapore. Capital Lease Aviation Limited is a wholly owned subsidiary of Avation PLC. Avation was founded in 2006 by Jeff Chatfield. The Company…
Avation Plc announces transition of aircraft leases and sales
SINGAPORE: Avation PLC, the commercial passenger aircraft leasing company, has entered into commercial arrangements in respect of five aircraft that were on lease to Virgin Australia, which entered administration on 21 April. Avation has entered into agreements to lease two of the former Virgin Australia ATR 72-500s to another commercial airline in Australia, until the…
Avation delivers first of two Airbus A321 aircraft to Vietjet
LONDON, UK: Avation PLC has delivered the first of two Airbus A321 aircraft, which are being transitioned from a prior operator, to Vietjet Air under an operating lease. Avation is the commercial passenger aircraft leasing company. The aircraft has completed calendar airframe maintenance checks, been configured for operations by VietJet Air and has been put…
Avation delivers ATR to US-Bangla Airlines
SINGAPORE: Avation Plc, the commercial passenger aircraft leasing company, announced that it has delivered a second new ATR 72-600 aircraft to the South Asian airline US-Bangla Airlines. The operating lease of this aircraft, with manufacturer’s serial number 1563, is at market rates. Avation’s Executive Chairman Jeff Chatfield said, “We are pleased to complete this second…