Press Release

BOC Aviation Orders 18 IAE V2500 Shipsets To Power Airbus A320ceo Aircraft

13 Jul 2016

BOC Aviation Limited (“BOC Aviation” or “the Company”) is pleased to announce firm orders for 18 shipsets of V2500® engines to power new Airbus A320ceo family aircraft already in the Company’s order book. The aircraft have all been placed on lease with customers.

The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, a division of United Technologies Corporation  (NYSE stock code: UTX); Pratt & Whitney Aero Engines International GmbH; Japanese Aero Engines Corporation; and MTU Aero Engines GmbH.

“This repeat order reflects our continued confidence in the V2500 engine as a fuel-efficient solution for a significant portion of our A320 family fleet on order,” said Robert Martin, Managing Director & Chief Executive Officer of BOC Aviation. “We value our longstanding relationship with IAE, which enables us to provide an attractive airframe and engine combination for our global A320 family customer base. With this, we now have installed more than 170 aircraft with V2500 engines during our history.”

Rick Deurloo, Senior Vice President, Commercial Engines, Sales, Marketing, and Customer Service, Pratt & Whitney, said, “We look forward to providing BOC Aviation and their customers with an engine that cannot be matched in terms of fuel efficiency on the A320ceo. The engine is a solid investment in value, as our continuous improvements maintain its superior performance.”

About BOC Aviation

BOC Aviation is a leading global aircraft operating leasing company with 503 aircraft owned, managed or on order and leased to 62 airlines worldwide in 31 countries as at 31 March 2016. BOC Aviation is listed on the Hong Kong Stock Exchange (stock code: 2588 HK) 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:
Claire LEOW
Tel: +65 9710 0790
[email protected]
www.bocaviation.com