27th Apr 2016 08:59
LONDON (Alliance News) - Commercial passenger aircraft lessor Avation PLC on Wednesday said it has completed delivery of the fifth new ATR 72-600 aircraft to regional airline Flybe Group PLC.
The new airline will be operated by Flybe on behalf of Scandinavian Airlines under a contract between the two carriers.
"As at the date of delivery of this brand new ATR 72 aircraft to Flybe, Avation now owns 38 commercial aircraft," said Jeff Chatfield, Avation's executive chairman.
Avation shares were up 0.4% to 144.50 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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