Fleet Expansion And New Customer

Avation PLC (LSE: AVAP, Avation or "the Company"), the commercial passenger aircraft leasing company, is pleased to announce that it has delivered a new ATR 72-600 aircraft to Cambodia Airways on a twelve‑year lease term, running to 2038. The aircraft is the first ATR aircraft to join the Cambodia Airways fleet. The aircraft was delivered on 5 June 2026, further to the Company's announcement in on 4 September 2025 and is one of fifteen ATR 72-600 aircraft ordered by Avation in April 2024 and March 2026 pursuant to the exercise of purchase rights with ATR. Avation has now taken delivery of more than forty new ATR aircraft since the commencement of its aircraft purchase agreement with ATR. This aircraft is currently unencumbered and as of the date of this announcement the Company owns nine unencumbered aircraft.

Jeff Chatfield, Executive Chairman of Avation PLC, said: "We are pleased to have successfully expanded our fleet and delivered another aircraft from our ATR orderbook with a new aircraft on long-term lease to Cambodia Airways, a new customer. By adding a new airline customer, we further diversify our customer base and reduce concentration risk. We look forward to a long and successful relationship with Cambodia Airways. The Company now owns nine unencumbered aircraft which puts us in a strong financial position."