Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, advises that further the Company’s announcement on 2 March 2023 relating to the lease of an ATR72- 600 aircraft to a new customer, the Company can advise that the aircraft was delivered to the customer and the lease commenced on 18 of March 2023.

Avation’s Executive Chairman, Jeff Chatfield said: “We are pleased to have delivered this aircraft to a new customer. The management remains confident of placing or selling the two remaining unutilised aircraft before 30 June 2023.”