Avation yesterday announced the delivery of its latest new ATR 72-600 aircraft, to new customer Cambodia Airways, on a 12-year lease, taking the total number of unencumbered aircraft to nine across the fleet. Against a turbulent backdrop for global airlines, recent IATA passenger statistics for April showed a reassuring improvement (+1.9% yoy regional) in passenger demand ex. Middle East, while at the same time, aircraft supply remains highly constrained by production backlogs and engine issues. ....
