Aircraft Transition Lease Agreement
Avation PLC has announced a new six-year lease agreement with Clic Air for an ATR 72-600 aircraft, which is currently undergoing transition after being returned by its previous operator and is scheduled for delivery following maintenance and inspections. This new lease represents a seamless transition for the aircraft with an existing customer.
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Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, is pleased to announce the signing of a six-year lease agreement with Clic Air a Colombian airline for an ATR 72-600 aircraft. The aircraft is currently being transitioned after being returned by the previous operator and is scheduled for delivery to Clic Air, following the completion of scheduled maintenance checks and standard inspections.
Jeff Chatfield, Executive Chairman of Avation PLC, commented: "We are pleased to have secured a new lease for this aircraft with Clic Air, an existing customer, which represents a seamless transition from the previous airline operator."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.