Avation delivers first aircraft financed with a green loan

SINGAPORE: Avation PLC, the commercial passenger aircraft leasing company, has delivered the first in a series of five new ATR 72-600 turboprop aircraft to Braathens Regional Airways AB at the ATR facility in Toulouse, France. Braathens represents Avation’s 18th airline customer. The Company has been advised that this is the… Continue reading

Avation signs 10-year lease with Braathens Regional Airways for a fifth ATR 72-600 aircraft

SINGAPORE: Avation PLC, the commercial passenger aircraft leasing company, has signed a 10-year lease with Braathens Regional Airways AB for a fifth new ATR 72-600 aircraft from Avation’s orderbook. The aircraft will be delivered at the manufacturer’s facility in Toulouse, France in March 2020. The Company had previously announced the… Continue reading

Avation Plc selects GE Aviation’s Air Vault Asset Transfer System

LE BOURGET, FRANCE: GE Aviation and Avation PLC announced an agreement to provide the AirVault Asset Transfer System across the lessor’s fleet of ATR72 turboprops, A220-300 A320 and A321 narrow-body jets, Boeing 777-300ER and Airbus A330-300 twin-aisle airplanes. The implementation is starting this month, with anticipated completion this year. [the_ad… Continue reading

Avation delivers new ATR 72-600 turboprop aircraft to Cebu Air

PASAY, PHILIPPINES: Avation PLC, the commercial passenger aircraft leasing company announced that it delivered a new ATR 72-600 turboprop aircraft to Cebu Air, Inc. (Cebu Pacific) at the manufacturer’s facility in Toulouse, France.[the_ad id=”31605″]Credit Agricole Corporate and Investment Bank (CA CIB) acted as sole arranger, facility agent and security trustee… Continue reading

Sixth Airbus A220-300 delivered to airBaltic

LONDON: Avation PLC, the commercial passenger aircraft leasing company, has acquired and leased its sixth new Airbus A220-300 aircraft to airBaltic, the Latvian hybrid carrier.[the_ad id=”31605″]The 12-year lease for the aircraft MSN 55053 commenced on 15 May 2019. This is the last in the series of aircraft contracted by the… Continue reading

Avation Plc delivers fifth Airbus A220-300 to airBaltic

SINGAPORE: Avation PLC, the commercial passenger aircraft leasing company, has acquired and leased its fifth new Airbus A220-300 aircraft to airBaltic, the Latvian hybrid carrier. The 12-year lease for the aircraft MSN 55052 commenced on 26 April 2019.[the_ad id=”31605″]The Airbus A220-300’s aerodynamics combined with specifically designed Pratt & Whitney PurePower… Continue reading

Airbus A220-300 delivered to airBaltic

SINGAPORE: Avation PLC, the commercial passenger aircraft leasing company, has acquired and leased a third new Airbus A220-300 aircraft to airBaltic, the Latvian hybrid carrier. The 12-year lease commenced on March 26, 2019. Avation’s Executive Chairman, Jeff Chatfield, said: “We have expanded our fleet with a third new aircraft delivery… Continue reading