Avation Plc Repossesses Two Airbus A321 Leased To Thomas Cook Airlines Limited

  • Avation Plc (AVAP) has confirmed that it has repossessed two Airbus A321 aircraft leased to Thomas Cook Airlines Limited.
  • The aircraft have been ferried from Manchester and Gatwick to an aircraft Maintenance and Repair body outside of the UK.
  • The aircraft are relatively new at approximately 3.5 years old and will be marketed globally in a state fresh from a 2C airframe check.
  • On 4th October 2019, at the time of writing, GMT 08:08 AM, AVAP shares were trading at GBX 284.50, flat against the previous day closing price.