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A Member of Bank of China Group

Press Release

BOC Aviation Delivers First of 20 Airbus A320 Aircraft to Vistara

25 Sep 2014

BOC Aviation Pte. Ltd. (“BOC Aviation”) is pleased to announce the delivery of the first of 20 Airbus A320 Family aircraft to TATA-SIA Airlines Limited, the newest Indian airline branded as Vistara. The order includes seven NEO variants. 

“BOC Aviation is pleased to partner with Vistara by leasing 20 A320 aircraft over the next four years,” said Mr. Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. “This is the largest leasing agreement in our history, and underscores our confidence in both Vistara and the Indian market. As both business and leisure travel demand rise within India, and to and from the sub-continent, the Airbus A320 family is ideal to meet travellers’ aspirations. The A320’s fuel and operational efficiency is also well-suited for airline operators.’’

Mr. Yeoh Phee Teik, Chief Executive Officer of Vistara, said, “We are very excited to receive the delivery of our first aircraft. The selection of the modern Airbus A320-200 aircraft is part of our strategy to offer the best service to our customers. We are pleased to partner BOC Aviation, which has demonstrated professionalism and superior customer service in leasing our fleet and ensuring a timely launch. The proven and reliable quality of Airbus meets our stringent standards for safety, cabin comfort, fuel efficiency and overall operational reliability.” 

BOC Aviation is the leading Asia-based aircraft leasing company with a portfolio of 246 owned and managed aircraft operated by more than 50 airlines worldwide, and another 196 aircraft on firm order, as of 31 August 2014. The Company has one of the youngest fleets in the industry with an average owned aircraft age of less than four years.

BOC Aviation, owned by Bank of China, is headquartered in Singapore with offices in Dublin, London and Seattle. 


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For more information, please contact:

Luana LOW
Tel: +65 6325 9593
luana.low@bocaviation.com 
www.bocaviation.com