ATR 72-600 DELIVERY TO CEBU PACIFIC

AVATION PLC

("Avation" or "the Company")

ATR 72-600 DELIVERY TO CEBU PACIFIC

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, is pleased to announce that it has delivered a new ATR 72-600 turboprop aircraft to Cebu Air, Inc. ("Cebu Pacific") at the manufacturer's facility in Toulouse, France.

Avation's Executive Chairman, Jeff Chatfield said: "We are very pleased to complete this previously announced transaction with Cebu Pacific within a short time frame between contract and delivery. This delivery takes our total fleet to 46 aircraft."

-ENDS-

Enquiries:

Avation welcomes shareholder questions and comments and advises the email address is: [email protected] 

Notes to Editors:

Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world.

More information on Avation is available at www.avation.net.