DELIVERY OF TENTH NEW ATR 72 AIRCRAFT

(LSE:AVAP)

19 December 2012

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

                               DELIVERY OF TENTH NEW ATR 72 AIRCRAFT

The  Directors of Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company  have
the pleasure of announcing that the Company has taken delivery on the 18th of December 2012 of its
tenth new ATR 72 aircraft.

This latest aircraft is leased to the Australian carrier Skywest Airlines, which is to operate  it
on the East Coast of Australia.

Commenting today, Jeff Chatfield, Chairman of Avation said: "The delivery of this tenth new ATR 72
aircraft in only 17 months continues our growth program of new aircraft for the Company. This  new
aircraft will immediately contribute positively to the Company's revenues."

                                                ENDS

Enquiries:

Avation PLC
Jeff Chatfield, Chairman                                   [phone]

Cadogan PR                                                 [phone]
Alex Walters                                               [phone]

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.

About Avation:

Avation was formed in 2006 as an aircraft lessor. The Company was admitted to the Standard segment
of  the Official List of the London Stock Exchange in October 2010. The Company's main activity is
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  up to eighteen new aircraft to operate along the East Coast of Australia on  behalf  of
Virgin Australia.

Avation plc