Avation plc

December 13, 2013 02:00 ET

Completion of Sale of Aircraft

Marketwire: AVAP
                                                                                                     December 13, 2013

                                                       AVATION PLC
                                                     (the "Company")

                                              COMPLETION OF SALE OF AIRCRAFT

Avation PLC  (LSE: AVAP),  the commercial passenger aircraft leasing company,  has  formally  completed the sale of an 
ATR72-600 aircraft being the first completion of the sale of two aircraft announced on 20 November 2013.  

The aircraft  was  acquired  pursuant to the exercise of an option.  This aircraft is being sold new to a third  party 
immediately  following  delivery to the Company from the Manufacturer,  Avions de Transport Régional (ATR) and will be 
operated by a new airline in Myanmar.
This sale is consistent with the Company's desire to maximise the value of its aircraft delivery pipeline and a desire 
to assess the merits of each and every lease and disposal opportunity on a case by case basis.


More information on Avation PLC can be seen at: www.avation.net


Avation PLC                                       
Jeff Chatfield, Executive Chairman                                                                       +65 973514151

W H Ireland                                       
Harry Ansell / James Joyce                                                                            +44 20 7220 1666

Liberum Capital Limited                 	
Chris Bowman / Richard Bootle                                                                         +44 203 100 2222

Blythe Weigh Communications
Tim Blythe / Eleanor Parry                                                                            +44 207 138 3204

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