26th Feb 2016 08:42
LONDON (Alliance News) - Commercial passenger jet leasing company Avation PLC on Friday said it has completed delivery of a new Airbus A321-200 aircraft to Thomas Cook Airlines Ltd, part of holiday operator Thomas Cook Group PLC.
The delivery is Avation's first of a new Airbus jet direct from the Airbus facility in Hamburg, Germany.
The lease is a 12-year operating lease and the terms are typical for this kind of aircraft, Avation said, without providing specific financial details.
Avation shares were down 0.4% to 141.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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