Capital Lease Aviation PLC COMPLETION OF PART OUT OF MSN 52 (9217X)
September 03 2015 - 2:00AM
UK Regulatory
TIDMCLA
RNS Number : 9217X
Capital Lease Aviation PLC
03 September 2015
RNS: CLA September 3, 2015
CAPITAL LEASE AVIATION PLC
("CLA" or "the Company")
COMPLETION OF PART OUT OF MSN 52
Capital Lease Aviation PLC (CLA: AIM), the commercial passenger
aircraft leasing company, announces that it has successfully
completed the disposal by way of part out of a 25 year old Airbus
A320, which was at the end of its useful economic life.
The Company realised in excess of US $5.11m which has been added
to the Company's cash reserves for future aircraft purchase
opportunities. After a tax write back, the final book loss from the
overall proceeds is US $1.2m.
-ENDS-
More information on Capital Lease Aviation can be seen at:
http://cl-aviation.com/
Enquiries:
Capital Lease Aviation PLC - Jeff Chatfield Executive Chairman
+65 6252 2077
WH Ireland - James Joyce / James Bavister +44 20 7397 8900
Blytheweigh - Tim Blythe / Wendy Haowei / Andrea Benton +44 20
7138 3204
This information is provided by RNS
The company news service from the London Stock Exchange
END
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September 03, 2015 02:00 ET (06:00 GMT)
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