29th Apr 2019 12:25
LONDON (Alliance News) - Avation PLC, a commercial passenger aircraft leasing company, said Monday that it has bought and leased its fifth new Airbus A220-300 aircraft to airBaltic, a Latvian carrier.
The 12-year lease for the aircraft commenced on April 26.
Avation's Executive Chair Jeff Chatfield said: "We are pleased to take delivery of our fifth of these latest technology aircraft for our customer airBaltic. This addition grows our overall fleet to 44 commercial passenger aircraft with a further 12 on order out to the year 2022."
Shares in Avation were trading 0.1% lower at 294.67 pence each on Monday afternoon in London.
Related Shares:
Avation