Avation, a London Stock Exchange-listed aircraft leasing company, has successfully refinanced a selection of its fleet with an $85 million expandable portfolio commercial financing facility. This strategic move enhances the company’s financial flexibility, supporting its commitment to providing modern and efficient aircraft to airlines worldwide.
Morgan Lewis Stamford acted as legal counsel for Avation PLC in this transaction. The firm’s team was led by partner James Bradley, with support from senior associate Ivan Qiu and associate Nandana Marur. Their expertise facilitated a seamless refinancing process, reinforcing Avation’s strong position in the aviation leasing market.
Avation PLC (LON:AVAP) is a commercial passenger aircraft leasing company owning a fleet of aircraft which it leases to airlines across the world. Avation’s future focus are new technology low CO2 emission aircraft.