Avation Plc (AVAP.L) announced that it has sold two ATR 72-600 aircraft to Danish Air Transport. The aircraft, which were acquired in 2018, had been leased to Danish Air Transport with purchase options. The airline has now exercised these options, leading to the successful conclusion of the sales.
The transaction was completed at book value, resulting in net cash proceeds of about $10 million after repaying the associated bank loans.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.