A Member of Bank of China Group

Press Release

BOC Aviation Announces More Orders For V2500 Engines To Power A320 Aircraft

15 Jun 2015

BOC Aviation is pleased to announce the signing of a new agreement for firm orders of V2500® engines to power 14 new Airbus A320 family aircraft, the second order for this engine type this year.

The V2500 engine is offered through IAE International Aero Engines, an aero engine consortium led by Pratt & Whitney (NYSE: UTX) in collaboration with Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines.

“This order further underscores our confidence in the V2500 engine as a fuel-efficient workhorse for more than 150 aircraft in our history, and a significant portion of our A320 family fleet on order,” said Robert Martin, Managing Director & Chief Executive Officer of BOC Aviation. “Our longstanding relationship with IAE enables us to provide an attractive airframe and engine solution for our global A320 family customer base.”

“We are pleased that BOC Aviation has selected the V2500 engine for additional A320ceo family aircraft,” said Greg Gernhardt, President of Pratt & Whitney Commercial Engines. “The V2500 engine has a strong track record of superior performance and has been chosen again as a reliable power plant for the A320ceo family aircraft for BOC Aviation, as well as its airline customers for many years.”

BOC Aviation is a leading global aircraft leasing company with a portfolio of 251 owned and managed aircraft operated by 60 airlines worldwide in 30 countries, with commitments to acquire 196 aircraft, as of 31 March 2015. 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 based in Singapore with offices in Dublin, London, Seattle and Tianjin.

 

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For more information, please contact:

Claire LEOW

Tel: +65 9710 0790

[email protected]

www.bocaviation.com