Wednesday, 19 August 2026 03:00 AM
Regulatory
SINGAPORE / ACCESS Newswire / August 19, 2026 / Avation PLC (LSE:AVAP) (Avation or "the Company"), the commercial passenger aircraft leasing company announces that, further to its announcement on 8 July 2026, it has delivered the first of the two ATR 72-600 being transitioned to Finnair and the lease term has commenced.
Both aircraft are owned by Avation and are being leased to Finnair for terms of six years. Delivery of the second aircraft is scheduled for September 2026.
Jeff Chatfield, Executive Chairman of Avation PLC, said: "We are pleased to have delivered the first aircraft to Finnair, Finland's flag carrier and one of the world's most established airlines. Finnair is also a member of The oneworld Alliance.
"This delivery supports Avation's strategy of diversifying its customer base. When aircraft are returned by lessees, or otherwise require transition, Avation conducts a careful and broad marketing process to identify suitable opportunities with a diversified range of lessees."
-ENDS-
Enquiries:
Avation PLC - Jeff Chatfield, Executive Chairman
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.
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SOURCE: Avation PLC