Avation signs six-year lease agreement with PNG Air

Avation plc

Avation Plc (LON:AVAP), the commercial passenger aircraft leasing company, is pleased to announce the signing of a six-year lease agreement with existing customer, PNG Air, for one ATR 72-600 aircraft currently on lease to Mandarin Airlines.

The aircraft is currently scheduled to be returned and to be transitioned to PNG Air during the fourth quarter of 2025.

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

ATR builds regional aircraft to serve remote and underserved markets

ATR builds aircraft for the routes that larger jets cannot reach and most airlines will not serve.

Avation signs six-year ATR 72-600 lease with Clic Air

Avation PLC has signed a six-year lease agreement with Colombian airline Clic Air for an ATR 72-600 aircraft.

Avation delivers ATR 72-600 aircraft to SUM Air under 12-year lease

Avation PLC has delivered a new ATR 72-600 aircraft to South Korean airline SUM Air under a twelve-year lease.

ATR embeds emissions targets deeper into its operating strategy

ATR’s sustained environmental disclosure is becoming a strategic signal, not just a score.

ATR expands its role in Africa’s underserved regional aviation market

ATR is expanding across Africa by targeting the routes others overlook and backing it with long-term operational support.

Accelerating zero‑emission aviation in Europe

A new propulsion race is unfolding in European aviation, and it is not about fuel efficiency.

Search

Search