IN BRIEF: Avation signs six-year lease with Colombian airline Clic Air

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Avation PLC - Singapore-based commercial aircraft leasing company - Signs six-year lease agreement with Clic Air, a Bogota-based airline, for an ATR 72-600 aircraft. Avation says: ‘The aircraft is currently being transitioned after being returned by the previous operator and is scheduled for delivery to Clic Air, following the completion of scheduled maintenance checks and standard inspections.’

Avation Executive Chair Jeff Chatfield says: ‘We are pleased to have secured a new lease for this aircraft with Clic Air, an existing customer, which represents a seamless transition from the previous airline operator.’

Current stock price: 136.36 pence each, down 2.3% on Monday afternoon in London

12-month change: down 7.6%

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