Avation PLC BOEING 737-800 NG ACQUISITION (3054U)
2019年3月28日 - 5:15PM
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RNS Number : 3054U
Avation PLC
28 March 2019
AVATION PLC
("Avation" or "the Company")
BOEING 737-800 NG ACQUISITION
Avation PLC (LSE: AVAP), the commercial passenger aircraft
leasing company, announces the acquisition of a Boeing 737-800 Next
Generation ("NG") aircraft with CFM 56 Engines in the secondary
market. The Company has entered into a conditional agreement to
purchase the aircraft which is approximately 8 years old and is on
operating lease to Indonesian flag carrier, Garuda Indonesia, until
mid-2022.
The acquisition of the aircraft is expected to be completed in
the second quarter of 2019 and is subject to closing conditions
typical of a transaction of this nature.
Avation's Executive Chairman, Jeff Chatfield, said: "We are
constantly looking to further diversify our aircraft portfolio and
operator base. We believe that the Boeing 737-800 NG is an
excellent aircraft, indeed one of the most successful and popular
aircraft types ever made, with a good residual value outlook.
Avation is always willing to consider attractive value
acquisitions. This aircraft is the second Boeing aircraft in the
Company's portfolio."
-ENDS-
Enquiries:
Avation T: +65 6252 2077
Jeff Chatfield, Executive Chairman
Avation welcomes shareholder questions and comments and advises
the email address is: investor@avation.net
Notes to Editors:
Avation PLC is an aircraft leasing company, headquartered in
Singapore, owning and managing a fleet of commercial passenger
aircraft which it leases to international airlines across the
globe.
More information on Avation is available at www.avation.net.
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END
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