BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has delivered its first Airbus A330-900neo aircraft to Lion Air. This is the first of the new Airbus A330neo family aircraft scheduled for delivery to Lion Air Group, all to be powered by Rolls Royce Trent 7000 engines, and part of a transaction that BOC Aviation first announced in August 2018.

“We are delighted to induct the first of our Airbus A330neo family aircraft into our fleet and to assist the Lion Air Group with its continued expansion plans,” said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. “This milestone delivery is the Lion Air Group’s first Airbus A330neo family aircraft. It reflects our strong partnership with both the Lion Air Group and Airbus, as well as our commitment to invest in highly efficient, new technology aircraft.”

“We are excited to take delivery of our first A330neo aircraft as we continue to expand the group’s fleet network,” said Edward Sirait, Lion Air Group CEO. “This delivery diversifies the business partnership with BOC Aviation across another aircraft type.”

“We salute BOC Aviation on taking delivery of its first A330neo and the first of its type that will be based in the Asia-Pacific region proudly flying Lion Air’s red and white livery. Our newest generation widebody is a great asset, as demonstrated by BOC Aviation’s decision to include the A330neo in its portfolio,” said Christian Scherer, Airbus Chief Commercial Officer.

Lion Air Group now comprises five airlines in three countries - Lion Air, Wings Air and Batik Air in Indonesia, Malindo Air in Malaysia and Thai Lion Air in Thailand, all IOSA certified. The group has almost 50% of market share in domestic travel in Indonesia, operating an average of 600 flights per day across an extensive network of 267 scheduled and 175 charter routes. The Group also comprise a full suite of support entities including Batam Aerotechnic which is certified by US FAA as a Part 145 limited airframe repair station.

About Airbus A330neo

The A330neo is powered by high-bypass ratio, new generation engines and designed with an advanced high-span wing vastly improving the aerodynamics. New materials have also been used across the wing including titanium pylon and composite nacelle. All these features combined, ensures that the A330neo has the lowest seat-mile cost of any mid-size wide-body and burns 25% less fuel burn than the previous generation competitors. For more information, visit Airbus A330 Family.

BOC Aviation is a leading global aircraft operating leasing company with a fleet of 507 aircraft owned, managed and on order. Its owned and managed fleet was leased to 94 airlines worldwide in 39 countries and regions as at 31 March 2019. 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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