Avation to purchase and lease two A321-200s to VietJet

Avation PLC has entered agreements to purchase and lease two additional factory-new Airbus A321- 200 aircraft to Vietjet, with Avation exercising one option and adding another aircraft of the type.
The aircraft are to be equipped with CFM International CFM56-5B3/3 engines and be configured with seating for 230 passengers, the highest possible density for an A321-200.
Expected to be delivered during the 2016 calendar year, the aircraft will be deployed on Vietjetā€™s expanding route network of domestic and international destinations from multiple bases in Vietnam.
The agreements feature long-term operating lease terms.

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