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.
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.
