Press Release
BOC Aviation Orders An Additional 43 A320 Family Aircraft
15 Jul 2014
BOC Aviation is pleased to announce an order with Airbus for an additional 43 A320 Family aircraft, comprising seven NEOs and 36 CEOs across A320 and A321 variants, scheduled for delivery in the period to 2019.
The first eight A320ceo aircraft powered by engines from IAE have been placed. Engine decisions for the rest of the fleet will follow.
“Following our order of 38 A320ceo aircraft in the last 18 months, all of which are now placed, we are seeing additional demand for both A320 CEOs and NEOs,” said Robert Martin, BOC Aviation’s Managing Director and Chief Executive Officer. “By adding this order to our pipeline for the next five years, we are confident of meeting the needs of airlines which are expanding or replacing older fleets.”
“It’s great to see one of the world’s leading lessors, BOC Aviation, based in the fast growing Asian market, continuing to invest in our market-leading A320 family,” said John Leahy, Airbus Chief Operating Officer, Customers. “This tells us that not only are our aircraft universally recognised as the industry’s benchmark for efficiency, comfort and reliability but also underlines the financial community’s confidence in the A320 family as a sound financial asset.”
Including this latest purchase agreement, BOC Aviation’s cumulative orders for new Airbus aircraft have reached 255. As of 30 June 2014, 142 of these have already been delivered, and another 55 committed to lease.
As of 30 June 2014, BOC Aviation’s fleet of 251 aircraft includes 109 Airbus aircraft operated by 27 airlines. There are 98 A320 family aircraft in the fleet.
BOC Aviation is the leading Asia-based aircraft leasing company with a fleet of owned and managed aircraft operated by 56 airlines worldwide. The Company has one of the youngest fleets in the industry with an average owned aircraft age of less than four years.
BOC Aviation is 100% owned by Bank of China.
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For more information, please contact:
Claire LEOW
Tel: +65 9710 0790
[email protected]
www.bocaviation.com