Press Release

BOC AVIATION SIGNS LEASE AGREEMENT WITH AVIANCA FOR NINE AIRBUS A320NEO AIRCAFT

05 Jun 2025

BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has entered into an agreement with Airbus S.A.S (“Airbus”) to purchase nine Airbus A320NEO aircraft and has committed those aircraft on long-term leases to Aerovías del Continente Americano S.A. Avianca (“Avianca”). All aircraft will be powered by CFM LEAP-1A engines and are scheduled to deliver in 2027.

“We are pleased to be working again with Avianca as it expands its network in the rapidly growing Latin American markets,” said Steven Townend, Chief Executive Officer and Managing Director, BOC Aviation. “These deliveries position us well for incremental future growth as we continue to expand our industry-leading latest generation fleet.”

“We are pleased to reaffirm our strategic relationship with BOC Aviation through this agreement. This transaction supports our fleet renewal strategy and our commitment to operating modern, fuel-efficient aircraft” said Francisco Raddatz, Chief Procurement Officer, ABRA Group.

About BOC Aviation

BOC Aviation is a leading global aircraft operating leasing company with a portfolio of 829 aircraft and engines owned, managed and on order. Its owned and managed fleet was leased to 93 airlines in 48 countries and regions worldwide as at 31 March 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 Avianca

Avianca S.A. is the largest airline in Colombia. It has been Colombia’s flag carrier since December 1919 and is a member of the Star Alliance. Today it operates a fleet of over 180 aircraft, serving more than 108 destinations across Colombia, Latin America, and Europe from its hubs in Bogota, Cali, Cartagena and Medellin.

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