Press Release

BOC Aviation Delivers New Airbus A330 to Iberia With New Livery

25 Nov 2013

BOC Aviation Pte. Ltd. (“BOC Aviation”) is pleased to announce that Iberia, the Spanish carrier, has taken delivery of its fifth A330-300 from BOC Aviation.

The aircraft is the first to carry Iberia’s new livery and is named after Spanish King Juan Carlos I.

Iberia, an International Airlines Group (“IAG”) airline, has now taken delivery of nine Airbus aircraft out of 12 leased from BOC Aviation, comprising four new A320-200s and five new A330-300s. The remaining three A330-300 aircraft are to be delivered by April 2014.   

“Iberia is keen to upgrade its fleet to meet the challenges of today’s aviation industry conditions and the delivery of these aircraft by BOC Aviation helps Iberia strategically by adding financial and operational flexibility to the fleet,” said Javier Sánchez-Prieto, Chief Financial Officer of Iberia.

“We are honoured to deliver the aircraft that’s named after His Majesty King Juan Carlos I and to finance the aircraft that carries Iberia’s new livery,” said Mr. Robert Martin, Managing Director & Chief Executive Officer of BOC Aviation. “Our ability to deliver these large numbers of aircraft in a short period demonstrates our ability to assist our airline customers with innovative solutions.”

BOC Aviation is the leading Asia-based aircraft leasing company with a portfolio of 234 owned and managed aircraft operated by more than 50 airlines worldwide and another 102 aircraft on firm order. The Company has one of the youngest fleets in the industry with an average owned aircraft age of less than four years.

BOC Aviation, which is 100% owned by Bank of China, will be celebrating its 20th anniversary today.

For more information, please contact:

Claire LEOW
Tel: +65 9710 0790
[email protected]
www.bocaviation.com

A photograph of the aircraft is available at www.bocaviation.com.