Avation Plc is pleased to announce the addition of the first
new ATR 72-600 series aircraft to its fleet. The aircraft was
accepted by Avation on the 3rd August at ATR's manufacturing
facility in Toulouse, France. This is the first ATR 72-600
variant to be added to Avation's fleet and the company's
seventh new ATR 72. The aircraft is being added pursuant to
the strategic Australian Regional Airline Network (ARAN)
agreement entered into between Avation Plc, Skywest Airlines
of Australia and Virgin Australia to provide a fleet of new
aircraft which will operate in Australia. The aircraft are
operated by Skywest Airlines.
With the addition of this aircraft, Avation's fleet now
stands at a total of 16 aircraft. It is worth mentioning that
Avation's subsidiary Capital Lease Aviation Plc very recently
disposed of three older Fokker 100 aircraft. The disposal and
this new acquisition is in line with Avation's strategy to
lower its average fleet age and invest in newer fuel
efficient aircraft. With great fuel efficiencies being
achieved by Skywest Airlines on its operations on the East
coast of Australia, Avation's belief in the ATR aircraft has
been strengthened further. As of 3rd August, the company has
a further eight firm aircraft, eight options and seventeen
purchase rights for ATR 72-600 aircraft.
On this occasion Avation's Chairman, Jeff Chatfield said
"This delivery is the first of a series of ATR 72-600s, that
we are buying. Our strategy is to lower the age of our owned
fleet, thus extending the potential residual value of our
fleet for our shareholders."
Founded in 1981, ATR has become the world leader on the
market for regional aircraft with 90 seats or less. Since its
creation, ATR has sold approximately 1,200 aircraft to over
180 operators based in
91 countries. ATR planes have totalled over 21 million flight
hours. ATR is an equal partnership between two major European
aeronautics players, Alenia Aermacchi (a Finmeccanica Group
company) and EADS. Its head office is in Toulouse (France).
ATR is ISO 14001-certified, the international reference
standard in the field for environmental friendliness.
For additional information, log on to www.atraircraft.com.
Further information on Avation PLC can be seen at:
www.avation.net Avation PLC is registered in
England and Wales with an Operational Headquarters in