Avation, the Singapore-based leasing company, has successfully completed the repurchase of 7.8 million shares through the market. This accounts for 10.45% of the company’s 74.6 million ordinary shares in issue. The repurchased shares will be held in treasury, reflecting the company’s strategic approach to managing its equity structure.
Avation, a Singapore-based lessor, has announced the successful delivery and concurrent sale of a new ATR72-600 aircraft. This delivery marks the first of two ATR72-600s sold to an airline operating in the Caribbean region.
Avation, a Singapore-based aircraft leasing company, has entered into a term sheet agreement with a major international bank for a $85 million portfolio financing facility. This facility will be utilized primarily for the refinancing of existing aircraft within Avation’s fleet and for the acquisition of additional aircraft, subject to specific conditions.
Avation, the Singapore-based aircraft leasing company, has agreed to a further lease term extension on one of its Airbus A320 aircraft operated by easyJet.
