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Avation Delivers Second Aircraft To Swedish Carrier Braathens

16th Jan 2020 15:05

(Alliance News) - Commercial aircraft leasing company Avation PLC on Thursday said it has delivered a second new ATR 72-600 turboprop aircraft to Braathens Regional Airways AB, a Norwegian-owned Swedish airline.

The Singapore-based company said the second aircraft, as with the first one, was financed with a "Green Loan" provided by Deutsche Bank. Avation acquired the aircraft from French-Italian manufacturer Avions de Transport Regional GIE.

Avation's Chair Jeff Chatfield said: "Avation is pleased to complete this delivery of a second aircraft to Braathens. We are also pleased that this aircraft was again financed via our Green Loan initiative."

Shares in Avation were trading 0.9% higher at 300.62 pence each in London on Thursday afternoon.

By Tapan Panchal; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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