Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company, announces that it has delivered a second new ATR 72-600 aircraft to Danish Air Transport AS ("DAT").
Jeff Chatfield, Executive Chairman, commented: "We are pleased to continue delivering aircraft from our order book. This new aircraft was delivered to DAT today at ATR's facility in Toulouse, France. The lease is for 12 years and is at the current market rate."
Mr Chatfield also stated: "Avation currently holds options for 25 additional new ATR 72-600 aircraft with delivery dates extending out to 2023. We note with interest the recent developments concerning the sale by Bombardier of the Q400 production line. Avation has no exposure to Q400 aircraft."