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A Member of Bank of China Group

Press Release

BOC Aviation Leases Six Embraer E190 Aircraft to KLM Cityhopper

24 Jul 2013

BOC Aviation has signed an operating lease agreement with KLM subsidiary KLM Cityhopper for six Embraer E190 aircraft as part of the KLM Group’s programme to replace KLM Cityhopper’s fleet of Fokker 70 aircraft. The E190 aircraft will be delivered between November 2013 and April 2014. 

“We are delighted to work with KLM, by helping its subsidiary KLM Cityhopper to support its modernization plan with the E190, a versatile and excellent aircraft,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation.

“This deal is a perfect example of the investments that KLM is making,”  KLM’s Chief Executive Officer Camiel Eurlings said, “Not only do these investments make travel more comfortable, they also contribute to a more sustainable operation and greater efficiency, all of which will help us achieve our ambitious aims to reduce noise and carbon emissions.”
 
“It is a major endorsement for the E-Jets program to see KLM Cityhopper continuing its fleet modernization with additional E190s,” said Paulo Cesar Silva, President & CEO, Embraer Commercial Aviation. “Through its partnership with Air France, the combined group will operate more than 50 aircraft, the largest fleet of E-Jets in Europe. The participation of BOC Aviation was key in the success of this transaction and shows the role such an important lessor plays in the E-Jets program.”

BOC Aviation is the leading Asia-based aircraft leasing company with a portfolio of 225 modern aircraft operated by 56 airlines worldwide. The Company has one of the youngest fleets in the industry with an average owned aircraft age of less than four years.

BOC Aviation is 100% owned by Bank of China, one of the largest banks in the world. The Company has achieved US$1 billion in cumulative net profits under Bank of China.

BOC Aviation will be celebrating its 20th anniversary this year.



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For more information, please contact:

Claire LEOW
Tel: +65 6325 9638
claire.leow@bocaviation.com
www.bocaviation.com