Via RNS and SGXNET
AVATION PLC
("Avation" or "the Company")
NEW AIRCRAFT DELIVERY
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."
-ENDS-
Enquiries:
Avation PLC - Jeff Chatfield, Executive Chairman +65 6252 2077
Avation welcomes shareholder questions and comments and advises the email address for questions is: [email protected] and the Company provides an investor Q & A during the conference call associated with release of results. The head office telephone number is +65 6252 2077.
Notes to Editors: Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world. More information on Avation is available at www.avation.net.