Aircraft leasing company Avation PLC (LON:AVAP) has acquired and delivered into service a new Boeing 777-300ER commercial passenger aircraft.
The new Boeing 777-300ER aircraft is on a long-term lease at typical commercial rates for such aircraft with Philippine Airlines.
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"We're pleased our first twin-aisle delivery is a Boeing 777, the marquee airplane in its class. We're confident this airplane will complement our regional and single-aisle fleet and help Avation continue to grow as a full-service commercial aircraft lessor," said Jeff Chatfield, the executive chairman of Avation.