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FOURTH FLYBE ATR72 AIRCRAFT DELIVERED

FOURTH FLYBE ATR72 AIRCRAFT DELIVERED.

articleAvation PlcMarch 21, 20163/company/avation-plc/news/fourth-flybe-atr72-aircraft-delivered
FOURTH FLYBE ATR72 AIRCRAFT DELIVERED

About this update from Avation Plc

[{"type":"text","content":"\n \nRNS Number : 6639S Avation PLC 19 March 2016  \n\nAVATION PLC\n(\"Avation\" or \"the Company\")\nFourth Flybe ATR72 Aircraft Delivered\n \nAvation PLC (LSE: AVAP), the commercial passenger aircraft lessor, announces the successful acquisition and delivery of a fourth ATR 72-600 aircraft to Flybe Group PLC (\"Flybe\"), the UK leading regional airline.\nThe aircraft is new and will be operated by Flybe on behalf of Scandinavian Airlines (\"SAS\") under a wet lease operational contract arrangement termed the \"White Label\" project and will operate in Scandinavia in the livery of SAS.  The lease duration is six years with an extension option.  \n \n-ENDS-\n \nMore information on Avation can be seen at: www.avation.net\nEnquiries: \n\n\n\n\nAvation\nJeff Chatfield, Executive Chairman\n\n\n\n\n\nT: +65 6252 2077\n\n\n\n\n \n \nNotes to Editors: \nAvation PLC\nAvation PLC is a commercial passenger aircraft leasing company owning and managing a fleet of jet and turbo prop aircraft which it leases to airlines across the world. The Company's customers include Thomas Cook, Air France, Condor, Air Berlin, Virgin Australia, Fiji Airways and UNI Air.  \nAvation is the second largest lessor customer of ATR aircraft globally and the Company is one of a small number of aircraft lessors which have both a sales contract and option positions with ATR. ATR 72 aircraft command approximately 80% - 85% of the current world's 70-seat turboprop market sales.\n \nwww.avation.net\n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange  END  AGRGGUQUWUPQUAB\n ","length":3193,"tagName":"div"}]

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