BOC Aviation Places Order with CFM International to Power A320 Aircraft
26 Jan 2015
BOC Aviation is pleased to announce the signing of a new contract with CFM International (“CFM”) for firm orders of CFM 56 engines to power 10 new A320 aircraft, part of its existing order with Airbus.
“This new engine order signifies our continued confidence in CFM 56-powered A320 aircraft, delivering a reliable airframe and engine combination to our global customer base,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation, at a ceremony today. “It represents yet another key step in our established partnership with CFM to meet the needs of our customers.”
“We are pleased to continue our great long-standing relationship with the BOC Aviation team,” said David Joyce, President and CEO of CFM parent company GE Aviation at today's signing ceremony. “We are very proud of the in-service record that the CFM 56 engine has established in the industry; it truly is the gold standard for performance and reliability and we are honoured by the continued faith that BOC Aviation and its airline customers have in our products."
CFM International is a 50/50 joint company between Snecma (Safran) and General Electric, and produces engines for both the Airbus A320 family and Boeing 737 series.
BOC Aviation is the leading Asia-based global aircraft leasing company with a portfolio of 246 owned and managed aircraft operated by 58 airlines worldwide, with commitments to acquire 199 aircraft, as of 30 September 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, Seattle and Tianjin.
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