Avation Orders Additional Aircraft

(LSE:AVAP)

                                            AVATION PLC
                                   ("AVATION" or the "COMPANY")

                                AVATION ORDERS ADDITIONAL AIRCRAFT

Avation  PLC, (LSE: AVAP) the commercial passenger aircraft leasing company is pleased to announce
that, further to the announcement made on the 30th October 2012, the Company has now exercised the
three  ATR72-600  options previously announced and has also exercised a fourth ATR72-600  purchase
right.  This  fourth  aircraft  follows  confirmation by Virgin  Australia  that  it  requires  an
additional aircraft for delivery in 2013.

These aircraft will be delivered into the Australian Regional Airline Network ("ARAN") a strategic
alliance between Avation, the Australian carrier Skywest Airlines and Virgin Australia during 2013
and 2014.

The  Company  has also exercised three additional purchase rights for delivery during  2014  which
will  take the total number of aircraft on firm order from ATR to twenty. Avation is seeing strong
demand  for this aircraft type, which underpins the Company's decision to exercise these  purchase
rights for future placement.

Nine  ATR72  aircraft have been delivered to date, including two additional ATR72  aircraft  which
were  acquired  from  another source. The remaining thirteen aircraft will  be  delivered  between
December 2012 and the end of 2014.

Commenting today, Jeff Chatfield, Chairman of Avation said: "This order for seven additional ATR72-
600  aircraft  is evidence of the continued success of the ARAN program and of the suitability  of
our  leasing  product  to  meet the expectations of our customer. It also  demonstrates  our  firm
commitment  to  grow  the Company's portfolio with the most modern, efficient and  environmentally
friendly aircraft available."

                                               ENDS

Further information on Avation PLC can be seen at: www.avation.net. Avation PLC is registered in
England and Wales with an Operational Headquarters in Singapore.

Enquiries:

Avation PLC
Jeff Chatfield, Chairman                         [phone]

Cadogan PR
Alex Walters                                     [phone]
                                                 [phone]

About Avation PLC

Avation  was  formed in 2006 initially to support Skywest Airlines Ltd. and was  admitted  to  the
Standard  segment of the Official List of the London Stock Exchange in October 2010. The Company's
main  activity  is  as  an operating lessor of commercial passenger aircraft  to  airlines  across
Europe,  the  US and Australia. Early in 2011 the company entered into an agreement  with  Skywest
Airlines to provide a fleet of new aircraft to operate along the East Coast of Australia on behalf
of Virgin Australia.

About ATR

Founded in 1981, ATR has become the world leader in the market for regional aircraft with 90 seats
or  less. Since its creation, ATR has sold more than 1,200 aircraft to over 180 operators based in
90  countries. ATR planes have totalled over 21 million flight hours. ATR is an equal  partnership
between  two  major European aeronautics players, Alenia Aermacchi (a Finmeccanica Group  company)
and  EADS.  Its head office is in Toulouse (France). ATR is ISO 14001-certified, the international
reference standard in the field for environmental friendliness. (Source ATR)

Avation plc