Press Release
Operational Data for the First Quarter Ended 31 March 2016
27 Jun 2016
BOC Aviation Limited (HKEX Code: 2588, “BOC Aviation”) announces its operational transactions for first quarter ended 31 March 2016 and as at 31 March 2016:
Transactions Summary
- A portfolio of 271 owned and managed aircraft, with an average aircraft age of 3.2 years and an average remaining lease term of 7.3 years for owned aircraft fleet, weighted by net book value
- Order book of 232* aircraft averaging 40 aircraft a year over the period from 2016 to 2021
- Took delivery of 13 aircraft (including three acquired by airline customers on delivery)
- Signed 32 leases
- Customer base of 62 airlines in 31 countries in the owned and managed portfolios
- Sold seven aircraft and committed to purchase four aircraft on purchase and leaseback terms
- Managed fleet steady at 41 aircraft
- 100% of 2016 deliveries placed with lessees, with more than 50% of 2017 deliveries also placed
- Aircraft utilisation maintained at 100%
Portfolio (as at 31 March 2016)
|
|
|
|
Number of Aircraft on Order*
|
|
Airbus A320CEO family
|
109 |
14 |
51 |
174 |
|
Airbus A320NEO family
|
0
|
0
|
64
|
64
|
|
Airbus A330 family
|
11
|
8
|
2
|
21
|
|
Boeing 737NG family
|
81
|
10
|
52
|
143
|
|
Boeing 737 MAX
|
0
|
0
|
61
|
61
|
|
Boeing 777-300ER
|
13
|
2
|
2
|
17
|
|
Boeing 777-300
|
0
|
1
|
0
|
1
|
|
Boeing 787
|
2
|
0
|
0
|
2
|
|
Embraer E190 family
|
11
|
2
|
0
|
13
|
|
Freighters
|
3
|
4
|
0
|
7
|
Total
|
230 |
41 |
232 |
503 |
*Includes all commitments to purchase aircraft including those where an airline customer has the right to acquire the relevant aircraft.
Lease rental income by region^ for the first quarter ended 31 March 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 first quarter ended 31 March 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 503 aircraft owned, managed or on order. Its owned and managed fleet was leased to 62 airlines worldwide in 31 countries as at 31 March 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.
*******
For more information, please contact:
Timothy ROSS
Tel: +65 6325 9878
Mobile: +65 9837 9873
[email protected]
www.bocaviation.com