BOC Aviation And Qatar Airways Enter Into Puchase-and-Leaseback Agreement For Three Boeing 777-300ER Aircraft
10 Nov 2017
BOC Aviation Limited (“BOC Aviation” or “the Company”) is pleased to announce that it has signed a purchase-and-leaseback agreement with Qatar Airways for three Boeing 777-300ER aircraft, currently in operation with the airline.
“We are delighted to once more be supporting Qatar Airways’ fleet development plans, building on a long-term relationship that dates back to 1999, and adding popular, in-demand aircraft on long-term leases to our portfolio,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. “This incremental capital expenditure is in line with our current strategy of growing our fleet through disciplined investment.”
About BOC Aviation
BOC Aviation is a leading global aircraft operating leasing company with a fleet of 499 aircraft owned, managed and on order. Its owned and managed fleet was leased to 76 airlines worldwide in 33 countries as at 30 September 2017. BOC Aviation is listed on the Hong Kong Stock Exchange (HKEx code: 2588) and has its headquarters in Singapore with offices in Dublin, London, New York and Tianjin. For more information, visit www.bocaviation.com.
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