Capital Lease Aviation : Completion of part out of MSN 52

RNS: CLA

RNS: CLA September 3, 2015

CAPITAL LEASE AVIATION PLC ("CLA" or "the Company") COMPLETION OF PART OUT OF MSN 52

Capital Lease Aviation PLC (CLA: AIM), the commercial passenger aircraft leasing company, announces that it has successfully completed the disposal by way of part out of a 25 year old Airbus A320, which was at the end of its useful economic life.
The Company realised in excess of US $5.11m which has been added to the Company's cash reserves for future aircraft purchase opportunities. After a tax write back, the final book loss from the overall proceeds is US $1.2m.
-ENDS-
More information on Capital Lease Aviation can be seen at: http://cl-aviation.com/ Enquiries:
Capital Lease Aviation PLC - Jeff Chatfield Executive Chairman [phone]
WH Ireland - James Joyce / James Bavister [phone]
Blytheweigh - Tim Blythe / Wendy Haowei / Andrea Benton [phone]