IN BRIEF: Avation inks four-year lease extension for widebody aircraft
Avation PLC - Singapore-based commercial aircraft leasing company - Agrees four-year lease extension with Taiwan’s EVA air for its A330-300 widebody aircraft. Says the new lease expires in November 2031.
‘We are delighted to agree an extension of the lease with EVA Air for our A330-300 widebody aircraft. We see this as a win-win for EVA Air and Avation. The extension allows EVA Air to confirm available passenger capacity for the next six years and Avation retains as its customer one of the highest rated airlines globally,’ says Avation Executive Chair Jeff Chatfield.
Current stock price: 151.00 pence, closed up 0.7% in London on Wednesday
12-month change: down 13%
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