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AVATION PLC M&A Activity 2021

Nov 11, 2021

4886_tar_2021-11-11_7cfe37b7-5a4d-48bb-b979-20df47948df0.html

M&A Activity

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National Storage Mechanism | Additional information

RNS Number : 0688S

Avation PLC

11 November 2021

Via RNS and SGXNET

AVATION PLC

("Avation" or "the Company")

SALE OF AIRBUS A321 AIRCRAFT

Avation PLC (LSE: AVAP) the commercial passenger aircraft leasing company announces that it has completed the sale of a 20-year-old Airbus A321-200 aircraft.

Executive Chairman Jeff Chatfield said "Avation has a policy of focusing on new design, young and fuel-efficient aircraft. This A321 was Avation's oldest aircraft at about 20 years old, and thus was an ideal candidate for disposal".

-ENDS-

Enquiries:

Avation PLC - Jeff Chatfield, Executive Chairman                                 +65 6252 2077

Avation welcomes shareholder questions and comments and advises the email address is: [email protected]

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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END

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