Business
New Geography and New Customer for Aircraft
New Geography and New Customer for Aircraft.
About this update from Avation Plc
[{"type":"text","content":"\n \nRNS Number : 0101R Avation PLC 08 September 2014 \n \n\nAVAP \n \n8 September 2014\nAVATION PLC\n('Avation' or 'the Company')\n \nNEW GEOGRAPHY AND NEW CUSTOMER FOR AIRCRAFT\n \nThe Directors of Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announce that the Company has purchased and taken delivery of a new ATR 72 aircraft from the factory. The Company has leased the aircraft to UNI Airways Corporation, the largest regional domestic airline in Taiwan. \nUNI is a new lessee for Avation.\nThis brings to 18 the total number of new ATR 72 aircraft delivered to the Company to date.\nCommenting today, Jeff Chatfield, Chairman of Avation, said: \"Consistent with our strategy of diversifying the customer base and geography for our leased aircraft we are pleased to announce this new client and expansion into North Asia. The client is of good credit quality and the transaction has been structured to deliver the lowest cost of finance to date.\"\n \n---ENDS---\n \nMore information on Avation can be seen at: www.avation.netand UNI Airways at www.uniair.com.tw\n \n \nEnquiries: \n \n\n\n\n\nAvation PLC - Jeff Chatfield, Executive Chairman \n\n\n+65 6252 2077\n\n\n\n\n\n\n\n\n\n\n\n\nWH Ireland - Harry Ansell / James Joyce \n\n\n+44 207 220 1666\n\n\n\n\n\n\n\n\n\n\n\n\nCenkos - Guy Briselden\n\n\n+44 207 397 8900\n\n\n\n\n\n\n\n\n\n\n\n\nBlytheweigh - Tim Blythe / Eleanor Parry \n\n\n+44 207 138 3204\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCLLFLRAVIEIIS\n ","length":4812,"tagName":"div"}]