Avation (LSE:AVAP) has delivered an ATR 72-600 to Cambodia Airways on a twelve-year lease running to 2038.
Delivered on 5 June, the aircraft is Cambodia Airways' first ATR and is one of fifteen ATR 72-600s Avation, the Singapore‑based commercial passenger aircraft lessor, ordered after exercising purchase rights in April 2024 and March 2026.
"We are pleased to have successfully expanded our fleet and delivered another aircraft from our ATR orderbook with a new aircraft on long-term lease to Cambodia Airways, a new customer," Jeff Chatfield, Executive Chairman, said.
Avation has now taken delivery of more than forty new ATR aircraft since the commencement of its purchase agreement with ATR and owns nine unencumbered aircraft as of the date of this announcement.
