A Member of Bank of China Group

Press Release

BOC AVIATION SIGNS LEASE AGREEMENT WITH LOONG AIR FOR THREE AIRBUS A320NEO AIRCRAFT

28 Oct 2025

BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has placed three Airbus A320NEO aircraft from the Company’s orderbook with Zhejiang Loong Airlines (“Loong Air”). All aircraft will be powered by CFM LEAP-1A engines and are scheduled to deliver in 2027.

“We are proud to continue expanding our presence in China through this transaction with Loong Air, which will add three more technologically advanced and fuel-efficient Airbus A320NEO into its fleet,” said Steven Townend, Chief Executive Officer and Managing Director, BOC Aviation. “We have one of the largest orderbooks in the industry and we look forward to supporting China’s dynamic aviation sector by providing flexible fleet solutions to enable our airline customers to grow.”

Liu Qihong, Chairman of Loong Air said, “The signing of this agreement marks another solid step forward in the strategic cooperation between BOC Aviation and Loong Air. Hangzhou is a thriving tech hub that attracts countless young talents, and a land filled with opportunities and challenges. We look forward to exploring new cooperation opportunities and working together with BOC Aviation to promote innovation and development within the aviation industry.”

 

About BOC Aviation

BOC Aviation is a leading global aircraft operating leasing company with a portfolio of 834 aircraft and engines owned, managed and on order. Its owned and managed fleet was leased to 92 airlines in 45 countries and regions worldwide as at 30 June 2025. 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.

About Loong Air

Founded in 2011, Zhejiang Loong Airlines is the first and only local airline to provide both passenger and cargo services in Zhejiang Province. The airline is based in Hangzhou Xiao Shan International Airport, serving both the international and domestic passenger and cargo markets. Since the inception of its passenger services at the end of December 2013, its fleet has grown to 74 aircraft today. It operates more than 140 regional and international routes.

 

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