Asia/Pacific

Avation secures $24 million PDP and inks sale-leaseback with Thomas Cook

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Avation secures $24 million PDP and inks sale-leaseback with Thomas Cook

Avation has secured a $16 million Pre-Delivery Payment (PDP) finance facility from a major European Bank. The use of funds is to finance PDPs for two new A32-200s, which will be delivered in February and March 2016 and leased to Thomas Cook for a period of 12 years. This is Avation’s first PDP fin...

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