# Avation lands first South American lease deal

- Link: https://www.directorstalkinterviews.com/avation-lands-first-south-american-lease-deal/4121192654
- Published: 2025-04-16T13:35:00+01:00
- Author: Amilia Stone

**Avation Secures Long-Term Lease Deal as It Lands in South America for the First
Time**

[Avation PLC](https://www.directorstalkinterviews.com/company/avation-plc/avap.l)
is planting its flag in a new territory. With a strategic move into South America,
the aircraft leasing company has sealed a significant deal that hints at broader
ambitions and market expansion. Investors should take note as this marks more than
just a lease—it’s a sign of targeted global growth.

Avation PLC has signed a six-year lease agreement with Clic Air SA, a Colombian 
regional airline, for one of its ATR 72-600 aircraft. This marks Avation’s official
entry into the South American market—an area of significant potential for regional
aviation leasing. The aircraft, which is currently in the process of being returned
by its previous operator, will undergo routine maintenance and inspections before
being handed over to Clic Air in the coming weeks.

This agreement is more than just a routine lease. For Avation, it represents a deliberate
step into a fast-growing market where regional connectivity remains a vital component
of economic development. Colombia, with its diverse geography and increasing demand
for efficient domestic travel, provides a strategic starting point for Avation’s
ambitions in Latin America. The ATR 72-600, known for its fuel efficiency and performance
in short-haul routes, aligns well with the operational needs of carriers like Clic
Air that serve regional hubs and remote destinations.

Jeff Chatfield, Executive Chairman of Avation, described the lease as a pivotal 
milestone in the company’s ongoing growth story. His comments underscore the significance
of the deal not just as a transaction, but as a strategic foothold in a promising
region. The addition of Clic Air as a customer further diversifies Avation’s operator
base and extends its global footprint, reinforcing its position as a nimble and 
responsive player in the aircraft leasing sector.

The deal also highlights Avation’s strong asset management capabilities. Rather 
than letting an aircraft remain idle following its return from a previous operator,
the company has quickly repositioned it with a new lessee, demonstrating operational
agility and proactive leasing strategy. For investors, this speaks to efficient 
capital deployment and potential for steady lease revenue in a new market.

Looking ahead, Avation’s entry into South America could signal a broader regional
strategy. The continent is home to several underserved air travel markets where 
demand is growing, particularly in the wake of pandemic recovery and infrastructure
development. By placing its first aircraft in Colombia, Avation may be laying the
groundwork for further expansion across neighbouring countries.

**Avation PLC** ([LON:AVAP](https://www.directorstalkinterviews.com/company/avation-plc/avap.l))
is a commercial passenger aircraft leasing company owning a fleet of aircraft which
it leases to airlines across the world. Avation’s future focus are new technology
low CO2 emission aircraft.

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