Press Release
BOC AVIATION SIGNS PURCHASE AND LEASE AGREEMENTS WITH AVIANCA FOR 12 AIRBUS A320NEO AIRCRAFT
10 Sep 2026
BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has agreed to purchase 12 Airbus A320NEO aircraft from Airbus S.A.S. (“Airbus”) for long-term lease to existing customer Aerovías del Continente Americano S.A. Avianca (“Avianca”). The aircraft are scheduled for delivery in 2029 and will all be powered by CFM LEAP 1A engines.
“We are delighted to build on our strong relationship to support Avianca’s growing business,” said Steven Townend, Chief Executive Officer and Managing Director, BOC Aviation. “As aircraft production ramps up, pre delivery payment financing is becoming increasingly important for our airline customers. Our access to significant liquidity enables us to support our customers with transactions of this nature and add to our fleet of latest technology A320NEOs.”
“We are pleased to expand our relationship with BOC Aviation through this transaction, which supports Abra’s long-term fleet strategy and growth across the region,” said Francisco Raddatz, Chief Procurement Officer of Abra Group, parent company of Avianca. “Access to modern, fuel-efficient aircraft is critical to strengthening connectivity, improving operational efficiency, and ensuring we are well positioned to serve the evolving needs of our customers in Latin America.”
About BOC Aviation
BOC Aviation is a leading global aircraft operating leasing company with a portfolio of 811 aircraft and engines owned, managed and on order. Its owned and managed fleet was leased to 88 airlines in 45 countries and regions worldwide as at 30 June 2026. 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 140 aircraft, serving more than 150 destinations across Colombia, Latin America, and Europe from its hubs in Bogota, Cali, Cartagena and Medellin. For more information, visit We are Avianca | Avianca Oficial.
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For more information, please contact:
Timothy ROSS
Tel: +65 6325 9878
Mobile: +65 9837 9873
[email protected]
www.bocaviation.com