A Member of Bank of China Group

Press Release


08 Jul 2024

BOC Aviation Limited (HKEX Code: 2588, “BOC Aviation”) announces its operational transactions for the quarter ended 30 June 2024:

Transactions Summary  

  • A total fleet of 680 aircraft owned, managed and on order
  • An average aircraft age of 4.9 years and an average remaining lease term of 7.9 years for the 429 owned aircraft fleet, both weighted by net book value1
  •  Managed fleet comprised 32 aircraft
  • Order book of 219 aircraft
  • Executed a total of 59 transactions in the second quarter of 2024, including:
    • Commitments to purchase four aircraft  
    • Delivery of 13 aircraft
    • Sale of 11 owned aircraft
    • 24 lease commitments
  • Customer base of 93 airlines in 47 countries and regions in the owned and managed portfolios, representing the broadest geographic spread in our history 
  • Owned aircraft utilisation was 99% for the second quarter
  • Raised US$500 million of five-year bonds at the tightest spread in the Company’s history 


  1. Includes finance lease receivables in respect of aircraft on leases classified as finance leases in accordance with IFRS16 (Leases).

Shareholders and potential investors are reminded that the above 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 680 aircraft owned, managed and on order. Its owned and managed fleet was leased to 93 airlines in 47 countries and regions worldwide as at 30 June 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.



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