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Avation to pay down debt, optimise fleet after Boeing aircraft sale

By Benjamin Chiou

Date: Wednesday 11 Jun 2025

(Sharecast News) - Aircraft leasing company Avation is to sell a Boeing 777-300ER widebody aircraft for a "material profit above book value".
The company said that the sale of the plane, currently on lease to Philippine Airlines, is expected to release $33m in net cash proceeds once the associated debt finance...

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