Avation establishes 10-year regional aircraft strategy with ATR

Avation PLC (LON:AVAP), the commercial passenger aircraft leasing company, has announced that it has established the foundation for its regional aircraft strategy for the next ten years, by both exercising purchase rights for ten new ATR aircraft; extending the maturity of residual purchase rights to 2034 and taking receipt of a further six purchase rights at accretive commercial terms. ATR are the world’s number one regional aircraft manufacturer with the best-selling, latest technology, sustainable aviation fuel ready, low CO2 emissions aircraft in the less than 90-seat market segment.

HIGHLIGHTS:

i.  Avation already has two new ATR 72 aircraft on order pursuant to the exercise of optional purchase rights;

ii.   Avation has exercised purchase rights for ten additional ATR 72 aircraft for delivery between the last quarter of 2025 and the first quarter of 2028. All aircraft are expected to be 100% SAF compatible;

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Avation plc

More articles like this

Avation plc

Avation PLC thriving amid strong air travel demand

Avation, a Singapore-based aircraft leasing company, strategically positions itself in the thriving aviation sector amid supply chain constraints, focusing on shareholder value and sustainable growth.

Avation plc

Avation concludes share buyback

Avation PLC (LON: AVAP), has announced that it has concluded a repurchase of 7,800,000 shares, through the market, at 150p each, representing 10.45% of the 74,671,886 ordinary shares in issue. Repurchased shares will be held in treasury.

Avation plc

Enhancing accessibility for all travellers

Celebrate International Day of Persons with Disabilities with ATR, a leading aircraft manufacturer dedicated to creating inclusive travel experiences for all passengers.

Avation plc

Driving sustainability and innovation in European aviation

The European aviation industry is facing a shortage of sustainable aviation fuel (SAF), hindering decarbonization efforts. Learn more about solutions and challenges in this sector. #EuropeAviation #SustainableFuel #ClimateAction

Avation plc

Avation secures US$85 million portfolio financing facility

Avation PLC (LON: AVAP), the commercial passenger aircraft leasing company, has advised that it has signed a term sheet with a major international bank for a US$85 million portfolio financing facility. The facility will initially be used

Avation plc

Women in Aviation: Pioneers and Trailblazers

Since the early days of powered flight, women have taken to the skies, but their achievements have often gone unrecognised. While names like Amy Johnson, who was the first woman to fly solo from the UK

Avation plc

Avation Plc signs long-term lease agreement with JCAS Airways

Avation PLC, a commercial passenger aircraft leasing company based in Singapore, has recently finalised a twelve-year lease agreement with Tokyo-based airline JCAS Airways Co Ltd. This agreement covers a new ATR 72-600 aircraft, marking the first