# Avation signs six-year lease agreement with PNG Air

- Link: https://www.directorstalkinterviews.com/avation-signs-six-year-lease-agreement-with-png-air/4121205775
- Published: 2025-07-02T12:22:00+01:00
- Author: Amilia Stone

**[Avation Plc](https://www.directorstalkinterviews.com/company/avation-plc/avap.l)**(
[LON:AVAP](https://www.directorstalkinterviews.com/company/avation-plc/avap.l)),
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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