Avation, a Singapore-based aircraft lessor, has finalized a six-year lease agreement with PNG Air of Papua New Guinea for one ATR72-600 regional turboprop. The aircraft is currently under lease to Mandarin Airlines in Taiwan and is scheduled to transition to PNG Air during the fourth quarter of 2025.
Avation, the Singapore-based leasing company, has announced the delivery and sale of a new ATR72-600 to an undisclosed airline in the Caribbean. The transaction resulted in approximately $5 million in net cash proceeds, marking a successful and profitable disposal for the lessor.
Avation, a Singapore-based aircraft leasing company, has entered into an agreement to sell a Boeing 777-300ER that is currently on lease to Philippine Airlines. The transaction is expected to be completed in the third quarter of 2025, representing a significant divestment from its widebody portfolio.
Avation, a Singapore-based aircraft leasing company, has executed a repurchase of $3.5 million face value in Senior PIK Toggle Notes due in 2026. These notes were issued as part of the company’s global Medium Term Note (MTN) program, aimed at raising flexible financing from capital markets.
Avation, the Singapore-based aircraft leasing firm, has announced the repurchase of Senior PIK Toggle Notes due 2026issued under its global Medium Term Note (MTN) program. The repurchase reflects the company’s proactive approach toward managing its capital structure and optimizing future debt obligations.
Avation announced the repurchase of US$1.94 million in face value of its Senior PIK Toggle Notes due 2026, part of its ongoing efforts to manage liabilities and optimize its capital structure under the company’s global Medium Term Note (MTN) program.
Avation PLC, a Singapore-based aircraft leasing company, has announced the repurchase of $3 million in face value of its Avation Capital Senior PIK Toggle Notes due 2026, issued under its global Medium Term Note (MTN) program. Following the cancellation of these notes, the remaining outstanding amount now stands at $326.5 million.
Avation, the Singapore-based aircraft leasing company, has signed a six-year lease agreement with Clic Air of Colombia for one ATR72-600 turboprop. The aircraft, currently undergoing return processing from its previous operator, is expected to be delivered to Clic Air within the coming weeks, further expanding the carrier’s growing regional fleet.
Avation PLC, a commercial passenger aircraft leasing company based in Singapore, has successfully completed the acquisition of an Airbus A320 aircraft. This aircraft, built in 2013, is on a long-term lease to Etihad Airways, the national airline of the UAE, with the lease agreement extending until October 2031.
Avation, a Singapore-based aircraft lessor, has announced that Philippine Airlines (PAL) has not exercised the early termination option for its leased Boeing B777-300ER. As a result, the lease will continue through its full term, set to expire in December 2029.
