Avation PLC announced that it has entered into a new operating lease for an Airbus A320 aircraft with Philippines low-cost carrier, Cebu Pacific. The market rate lease is for a term of four years and is on Avation's typical lease terms. The aircraft is currently being returned by the previous operator and is scheduled for delivery to Cebu Pacific in December 2023, following scheduled periodic maintenance checks.
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- Avation PLC Enters into New Operating Lease for an Airbus A320 Aircraft with Cebu Pacific