IN BRIEF: Avation hails 12-year lease agreement with Cambodia Airways

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Avation PLC - Singapore-based commercial aircraft leasing company - Signs 12-year lease agreement with Cambodia Airways Co Ltd for new ATR 72-600 aircraft. It will be the second Avation owned plane placed with the Phnom Penh-based airline and is scheduled to be delivered new in October. Executive Chair Jeff Chatfield says: ‘We are pleased to further our collaboration with Cambodia Airways and secure an additional long-term lease for our ATR orderbook.’

Current stock price: 142.32 pence each, up 0.6% on Friday afternoon in London

12-month change: down 2.5%

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