Avation PLC - Singapore-based aircraft leasing company - Completes acquisition of an Airbus SE A320 aircraft on a long-term lease to Etihad Airlines. The deal increases Avation’s fleet to 33 leased aircraft. The lease of the 2013-built aircraft will last until October 2031.

Executive Chair Jeff Chatfield said: ‘We are delighted to announce the successful completion of this narrowbody aircraft acquisition today which takes our total fleet to 33 aircraft and further diversifies our customer list to 16 airlines in 14 countries.’

Current stock price: 148.50 pence, up 2.1% on Wednesday afternoon in London

12-month change: up 29%

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