Singapore Lessor Avation To Post Net Profit, Moves On From Virgin Australia
Singapore aircraft lessor Avation has successfully placed its last remaining ex-Virgin Australia ATR 72 and is about to receive about five cents in the dollar from the administrators of Virgin…
Singapore Lessor Avation Appoints Head Of Technical
Singapore lessor Avation has appointed Michael Dela Cruz as head of technical. Dela Cruz was previously head of technical at Singapore Technologies (ST) Engineering Aerospace Resources. He tells Smart Aviation…
Singapore Lessor Avation Still Waiting For Virgin Australia Pay-Out
Virgin Australia went into voluntary administration in early 2020 and was sold later that year to Bain Capital for A$3.5 billion (US$2.3 billion), but some creditors are still waiting to…
Leasing Company Avation Appoints Former Airbus Exec As Head Of Commercial Development
Avation has appointed former Airbus executive, Soeren Ferre, as head of commercial development to help the Singapore-based aircraft lessor to grow now that the airline market is recovering. The leasing…
Aircraft Lessor Avation Responds To Legal News Report About VietJet
Publicly-listed aircraft lessor Avation has issued a statement to clarify that it currently has no active litigation against lessees, because it has received sufficient commitments from airlines. “The company wishes…
Singapore’s Avation Places Additional ATR 72 With Australia’s Hevilift
Aircraft leasing company Aviation has leased an additional ATR 72-500 to Hevilift. The Singapore-based lessor says it signed new five-year leases with Hevilift for three of its ATR 72-500 aircraft,…