New Aircraft Delivery
Avation PLC has successfully delivered a new ATR 72-600 aircraft to South Korean airline SUM Air on December 29, 2025, marking the airline's first ATR aircraft. This delivery is part of a twelve-year lease agreement and is one of ten new ATR 72-600 aircraft Avation ordered in 2024. The unencumbered aircraft represents Avation's entry into the South Korean market with SUM Air as its first customer.
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Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company is pleased to announce that it has delivered a new ATR 72-600 aircraft to South Korean airline, SUM Air. The aircraft will be the first ATR aircraft in SUM Air's fleet. The aircraft is on twelve-year lease and was delivered on the 29th of December 2025, further to the Company's announcement of 3 September 2025.
The aircraft is one of the ten ATR 72-600 new aircraft ordered by Avation in 2024 pursuant to the exercise of Purchase Rights with ATR.
Jeff Chatfield, Executive Chairman of Avation PLC, commented: "we are pleased to purchase this aircraft, which is currently unencumbered and which has been placed on lease with a new airline customer, SUM Air, for a twelve-year lease. SUM Air is our first customer in South Korea; we look forward to a long and successful business relationship with the airline."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.