BOC Aviation Signs Launch Customer Agreement with Commercial Aircraft Corporation of China for 20 C919 Aircraft
14 Feb 2012
BOC Aviation has signed a Launch Customer Agreement (“LCA”) with Commercial Aircraft Corporation of China (“COMAC”) for twenty C919 aircraft. Following the signing of this LCA, BOC Aviation becomes the 11th launch customer for the C919 aircraft.
Mr. Robert Martin, Managing Director & Chief Executive Officer of BOC Aviation said, “Today’s signing of the LCA with COMAC builds upon the RMB50 Billion Strategic Cooperation Framework Agreement signed between Bank of China and COMAC on 3rd June 2011. With a global reach and long-term commitment to the industry, BOC Aviation is confident that we can help COMAC to open markets for the C919 first in China and then globally. BOC Aviation is proud to be a partner of COMAC.”
“We are pleased to announce this partnership with BOC Aviation,” said Mr. Wu Guanghui, Vice President of COMAC and Chief Designer of the C919. “With its successful track record as a premier aircraft leasing company, BOC Aviation will provide valuable input towards the development of the C919."
BOC Aviation is the leading Asia-based aircraft leasing company with a portfolio of 180 modern aircraft operated by airlines worldwide. In addition, the company has 69 aircraft on firm order and another one on committed purchase and leaseback. BOC Aviation has one of the youngest fleets in the industry with an average aircraft age of less than four years.
BOC Aviation is 100% owned by Bank of China, one of the largest banks in the world.
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