Avation (GB:AVAP) has released an update.
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Avation PLC, a Singapore-based aircraft leasing company, has successfully placed an ATR 72-600 aircraft with new Japanese regional carrier JCAS Airways, marking a significant step for the airline’s operations launch slated for the end of 2025. This deal follows Avation’s recent purchase of 10 ATR aircraft and highlights the ATR 72-600’s appeal due to its fuel efficiency and low-emission profile. JCAS Airways aims to enhance regional connectivity and local tourism in Japan, starting with two routes and an ambitious expansion plan.
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