Press Release

Operational Data for the Second Quarter Ended 30 June 2016

22 Jul 2016

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

Transactions Summary

• A portfolio of 265 owned and managed aircraft, with an average aircraft age of 3.3 years and an average remaining lease term of 7.2 years for owned aircraft fleet, weighted by net book value
• Order book of 218* aircraft averaging 40 aircraft a year over the period from 2016 to 2021
• Took delivery of 14 aircraft (including three acquired by airline customers on delivery) in the second quarter of 2016
• Signed nine leases in the quarter ended 30 June 2016
• Customer base of 64 airlines in 31 countries in the owned and managed portfolios
• Sold 15 owned aircraft in the second quarter, including the last remaining pre-2007 vintage aircraft
• Managed fleet comprised 39 aircraft
• 100% of 2016 deliveries placed with lessees, with more than 60% of 2017 deliveries also placed on lease
• Aircraft utilisation maintained at 100% for the quarter ended 30 June 2016

Portfolio (as at 30 June 2016)

*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 six months ended 30 June 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 second quarter / first six months ended 30 June 2016 are based on the Company’s records and have not been audited or reviewed by the Company’s auditors.

About BOC Aviation

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