Avation gets green euro loan to buy aircraft

Gatwick Airport
By Pan Yue
20 Dec 2019

Singapore-based aircraft leasing company Avation has obtained a green loan to support its purchase of aircraft.

Deutsche Bank provided the financing, which had a size of about €20m and a tenor of 10 years, according to a source close to the situation.

The loan was used to finance an ATR 72-600s aircraft purchased by London-listed Avation from ATR, the Franco-Italian aircraft manufacturer. The aircraft ...

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