Avation PLC is taking another confident step in fleet growth and geographic diversification, adding a high-value asset to its leasing portfolio while deepening ties with a major international carrier. This latest move signals Avation’s ongoing strategy to scale with precision and quality assets.
Singapore-based aircraft leasing company Avation PLC has finalised the acquisition of a 2013-built Airbus A320, which is now placed on a long-term lease to Etihad Airways. This transaction lifts Avation’s total fleet to 33 leased aircraft and extends its global customer network to 16 airlines across 14 countries. The lease will run until October 2031, providing stable long-term revenue from one of the Middle East’s most prominent airlines.
Executive Chair Jeff Chatfield underscored the strategic value of the acquisition, noting its contribution to both fleet expansion and tenant diversification. The narrowbody aircraft enhances Avation’s leasing mix, complementing its focus on maintaining a young, in-demand fleet that meets the operational needs of modern carriers.
This move aligns with Avation’s broader strategy of disciplined growth through selective asset acquisitions and building long-term relationships with quality airline partners. The company continues to demonstrate its ability to navigate the aviation leasing market with agility and foresight, reinforcing its position as a trusted lessor in the global aviation finance sector.
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.
