Press Release BOC Aviation Delivers First P&W-Powered A320NEO Aircraft To S7 Airlines 21 Jul 2017 BOC Aviation Limited (“BOC Aviation” or “the Company”) is pleased to announce that it has delivered its first A320NEO aircraft to S7 Airlines. The aircraft is also the first A320NEO powered by the Pratt & Whitney PurePower® PW1100G-JM engine to be delivered to any Russian carrier. BOC Aviation is scheduled to deliver a second A320NEO to the airline in the first half of 2018. “This delivery is a milestone for us in many ways: not only is this the first A320NEO to be delivered to a Russian airline, but it is also the country’s first A320NEO to be powered by Pratt & Whitney’s new engine technology,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. “We continue to build on our longstanding relationships with Pratt & Whitney and Airbus to provide our airline customers with attractive airframe and fuel-efficient engine solutions to meet their transportation needs.” "S7 Airlines is constantly renewing its fleet using the latest technology and innovations from the world's leading manufacturers. Airbus A320NEO aircraft are more efficient in operation and flying range is better compared to the previous generation. Very soon, passengers of S7 Airlines will be the first in Russia to experience the new level of comfort offered by this modern aircraft. Step by step, aircraft of this new lineup will replace our Airbus A320 fleet," said the Chairman of the Board of S7 Airlines Vladislav Filev. "We are pleased to continue our long-term partnership with BOC Aviation and to see the A320NEO enter service with S7 Airlines," said John Leahy, Chief Operating Officer, Customers, Airbus. "This delivery demonstrates the confidence that airlines have in the A320NEO family, its operational efficiency, reliability and unrivalled passenger comfort." Chris Calio, President, Pratt & Whitney Commercial Engines, said, “As a growing airline and new customer to Pratt & Whitney, we are confident that S7 will appreciate the benefits that this state-of-the-art engine provides, especially in terms of fuel savings and emissions. We also thank BOC Aviation for being the first to place one of many GTF-powered aircraft that S7 will be leasing.” About S7 Airlines S7 Airlines is Russia’s largest domestic carrier and the second largest airline in Russia. It was formed in 1992 as Siberia Airlines. Based at Moscow Domodedovo Airport, the airline operates flights to some 100 destinations in 30 countries. S7 Airlines is a member of the oneworld global aviation alliance. About Airbus Airbus is a global leader in aeronautics, space and related services. In 2016 it generated revenues of €67 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners from 100 to more than 600 seats. About Pratt & Whitney Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. To learn more about UTC, visit its website at www.utc.com, or follow the company on Twitter: @UTC. About BOC Aviation BOC Aviation is a leading global aircraft operating leasing company with a fleet of 493 aircraft owned, managed and on order. Its owned and managed fleet was leased to 75 airlines worldwide in 34 countries as at 30 June 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