Avation PLC Signs Agreements for the Sale of Three ATR 72-600 Aircraft to Aegean Airlines S.A. of Greece
November 16, 2021 at 04:29 am EST
Avation PLC announced that, further to the announcement of 30 September 2021, it has signed agreements for the sale of three ATR 72-600 aircraft to Aegean Airlines S.A. of Greece. These aircraft are three of the five ATR 72-600 aircraft returned to the Company following the voluntary administration of Virgin Australia in 2020. They will be delivered to Aegean over the coming months following maintenance and preparation. The sale and purchase agreements remain subject to customary conditions precedent to be satisfied on each delivery.