Avation PLC BUSINESS DESCRIPTION AND ANNUAL REPORT PUBLICATION (5177B)
September 21 2018 - 2:26AM
UK Regulatory
TIDMAVAP
RNS Number : 5177B
Avation PLC
21 September 2018
AVATION PLC
("Avation" or "the Company")
BUSINESS DESCRIPTION UPDATE AND PUBLICATION OF ANNUAL REPORT
Avation PLC (LSE: AVAP), the commercial passenger aircraft
leasing company provides the following updates:
PUBLICATION OF ANNUAL REPORT
Avation confirms that it has published its annual report and
audited financial statements for the year ended 30 June 2018. The
annual report is published on the Company's website at
www.avation.net. The Company would like to thank Ernst & Young
who audited the financial statements for the first time this year
following a periodic routine audit firm rotation.
BUSINESS DESCRIPTION UPDATE
The sole and principal business of Avation PLC is the leasing of
commercial passenger aircraft to airlines. The previously disclosed
equipment procurement business segment has been formally
discontinued.
-ENDS-
Enquiries:
Avation T: +65 6252 2077
Jeff Chatfield, Executive Chairman
Notes to Editors:
Avation PLC is a commercial passenger aircraft leasing company,
headquartered in Singapore, owning and managing a fleet of jet and
turboprop aircraft which it leases to airlines across the world.
The Company's customers include airBaltic, EVA Air, easyJet,
Philippine Airlines, Air France, Air India, Flybe, Fiji Airways,
Thomas Cook, Virgin Australia, Mandarin Airlines and Vietjet
Air.
More information on Avation can be seen at: www.avation.net
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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