Avation PLC Editor's Deal of the Year for Innovation 2019

TIDMAVAP

Avation PLC

21 January 2020

Via the RNS REACH service of the LSE

AVAP:LN

AVATION PLC

("Avation" or "the Company")

Aviation 100 European Editor's Deal of the Year for Innovation 2019

DUBLIN - 20 January 2020 - Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announces that it has won the highly-coveted Aviation 100 European Editor's Deal of the Year for Innovation 2019 award for the lease of three new ATR 72-600 aircraft to Braathens Regional Airways AB ("Braathens") financed by the first ever Green Loan for commercial aircraft.

Avation Executive Chairman Jeff Chatfield said "We are delighted to be recognised with this award for Innovation as we align ourselves with airlines such as Braathens to deliver aircraft with low carbon emissions and fuel consumption, helping to support the goal of reducing the environmental impact of air travel."

-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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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January 21, 2020 02:01 ET (07:01 GMT)

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