Press Release

BOC Aviation Delivers First Of Five New Aircraft To Air China Under Purchase-And-Leaseback Arrangement

09 Nov 2016

BOC Aviation Limited (“BOC Aviation” or “the Company”) is pleased to announce that it has delivered a Boeing 777-300ER aircraft which is the first of five new aircraft to be leased to Air China under a purchase-and-leaseback arrangement.

The remaining two Boeing 777-300ER and two Airbus A330-300 aircraft are scheduled for delivery from the manufacturers by the end of this year.  The transaction represents incremental capital expenditure in 2016 and will utilize all of the equity raised in the initial public offering on 1 June, in line with the company’s focus on disciplined investing to grow the owned fleet.

About Air China

Air China Limited, a joint stock limited company incorporated in the People’s Republic of China with limited liability, has H shares listed on the Hong Kong Stock Exchange as its primary listing venue and on the Official List of the UK Listing Authority as its secondary listing venue, and also has A shares listed on the Shanghai Stock Exchange. Its principal business is the operation of scheduled airline services.

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.

*******