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IN BRIEF: Avation completes sale of Airbus A220-300 aircraft

19th Oct 2021 20:14

Avation PLC - Singapore-based aircraft leasing company - Says it has completed the sale of one Airbus A220-300 aircraft with manufacturer serial number 55034, currently on lease to Latvian carrier, airBaltic.

Chair Jeff Chatfield says: "We are pleased to have completed this transaction for portfolio management purposes. This transaction demonstrates the recovery of the secondary market in the latest technology low emission, single-aisle aircraft, such as the Airbus A220."

Current stock price: 101.50 pence

Year-to-date change: down 20%

By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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