Press Release
Operational Data For The Third Quarter Ended 30 September 2017
09 Oct 2017
BOC Aviation Limited (HKEX Code: 2588, “BOC Aviation”) announces its operational transactions for the third quarter ended 30 September 2017 and as at 30 September 2017:
Transactions Summary
- Portfolio comprised 302 owned and managed aircraft, with an average aircraft age of 3.2 years and an average remaining lease term of 7.8 years for owned aircraft fleet, weighted by net book value
- Order book of 1971 aircraft
- Took delivery of nine aircraft in the third quarter of 2017
- Added 26 lease commitments in the third quarter of 2017
- Customer base of 76 airlines in 33 countries in the owned and managed portfolios
- Sold two owned and two managed aircraft in the third quarter of 2017
- Managed fleet comprised 34 aircraft
- 100% of the 78 aircraft scheduled for delivery in 2017, and more than 90% of the 48 aircraft scheduled for delivery in 2018, have been committed for lease
- Aircraft utilization was 100% for the third quarter ended 30 September 2017
Shareholders and potential investors are reminded that the above operational data are based on the Company’s records and have not been audited or reviewed by the Company’s auditors.
About BOC Aviation
BOC Aviation is a leading global aircraft operating leasing company with a fleet of 499 aircraft owned, managed and on order. Its owned and managed fleet was leased to 76 airlines worldwide in 33 countries as at 30 September 2017. BOC Aviation is listed on the Hong Kong Stock Exchange (HKEx code: 2588) and has its headquarters in Singapore with offices in Dublin, London, New York and Tianjin. For more information, visit www.bocaviation.com.
For more information, please contact:
Timothy ROSS
Tel: +65 6325 9878
Mobile: +65 9837 9873
[email protected]
www.bocaviation.com