Press Release

BOC AVIATION SIGNS LEASES WITH TUI FOR 14 BOEING AIRCRAFT

03 Dec 2024

BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has entered into a lease transaction involving 14 Boeing 737-8 aircraft with TUI Airways Limited (“TUI”). All aircraft will be powered by CFM LEAP-1B engines and are scheduled to deliver in 2025 and 2026.

“With this financing we are once more working with our existing customer, TUI, as it builds its fleet of new generation aircraft,” said Steven Townend, Chief Executive Officer and Managing Director, BOC Aviation. “With the delivery of these aircraft anticipated over the next two years, this transaction will contribute to our investment and revenue pipelines.”

About TUI

TUI is the world’s leading tourism group. The broad portfolio gathered under the Group umbrella consists of strong tour operators, 1,600 travel agencies and leading online portals, five airlines with around 150 aircraft, over 400 hotels, 15 cruise liners and many incoming agencies in all major holiday destinations around the globe. It covers the entire tourism value chain under one roof. A key feature of its corporate culture is its global responsibility for economic, environmental and social sustainability. This is reflected in more than 20 years of commitment to sustainable tourism. The TUI Group’s share is listed in the FTSE 250 index, in the Quotation Board of the Open Market on the Frankfurt Stock Exchange, and regulated Market of the Hanover Stock Exchange.

About BOC Aviation

BOC Aviation is a leading global aircraft operating leasing company with a fleet of 693 aircraft owned, managed and on order. Its owned and managed fleet was leased to 93 airlines in 48 countries and regions worldwide as at 30 September 2024. 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.

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For more information, please contact:
Timothy ROSS
Tel: +65 6325 9878
Mobile: +65 9837 9873
[email protected]
www.bocaviation.com