Avation signs six-year lease agreement with PNG Air

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.

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Written by: Amilia Stone

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