A Member of Bank of China Group

Press Release

Operational Data For The Quarter Ended 30 September 2016

25 Oct 2016

BOC Aviation Limited (HKEX Code: 2588, “BOC Aviation”) announces its operational transactions as at 30 September 2016: 

 

Transactions Summary

  • A portfolio of 269 owned and managed aircraft, with an average aircraft age of 3.4 years and an average remaining lease term of 6.9 years for owned aircraft fleet, weighted by net book value
  • Order book of 215* aircraft averaging 41 aircraft a year over the period from 2016 to 2021
  • Took delivery of 13 aircraft (including two acquired by airline customers on delivery) in the third quarter of 2016
  • Signed 28 leases in the quarter ended 30 September 2016
  • Customer base of 67 airlines in 31 countries in the owned and managed portfolios
  • Sold six owned aircraft in the third quarter
  • Managed fleet comprised 38 aircraft
  • 100% of 2016 deliveries placed with lessees, with more than 90% of 2017 deliveries also placed on lease
  • Aircraft utilisation maintained at 100% for the quarter ended 30 September 2016


 

Lease rental income by region^ for the nine months ended 30 September 2016

^     Based on the jurisdiction of the primary obligor under the relevant operating leases.

Note:  The percentage figures in the chart above may not add up to 100% because of rounding.

Shareholders and potential investors are reminded that the above operational data for the third quarter / first nine months ended 30 September 2016 are based on the Company’s records and have not been audited or reviewed by the Company’s auditors.

 

About BOC Aviation

BOC Aviation is a leading global aircraft operating leasing company with a fleet of 484 aircraft owned, managed or on order.  Its owned and managed fleet was leased to 67 airlines worldwide in 31 countries as at 30 September 2016. BOC Aviation is listed on the Hong Kong Stock Exchange (HKEx code: 2588) and has its headquarters in Singapore with offices in Dublin, London, Seattle and Tianjin. For more information, visit www.bocaviation.com.

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For more information, please contact:

Timothy ROSS
Tel: +65 6325 9878
Mobile: +65 9837 9873
[email protected]
www.bocaviation.com