A Member of Bank of China Group

Press Release

Operational Data For The First Quarter Ended 31 March 2021

08 Apr 2021

BOC Aviation Limited (HKEX Code: 2588, “BOC Aviation”) announces its operational transactions for the quarter ended 31 March 2021 and as at 31 March 2021:

Transactions Summary

  • A total fleet of 549 aircraft owned, managed and on order1,2, with our owned and managed portfolio exceeding 400 aircraft for the first time
  • An average aircraft age of 3.6 years and an average remaining lease term of 8.5 years for the 366 owned aircraft fleet, weighted by net book value
  • Order book of 144 aircraft1,2
  • Executed a total of 45 transactions in the first quarter of 2021:
    • Took delivery of 17 aircraft (including three acquired by airline customers on delivery)
    • Sold six owned and one managed aircraft
    • Committed to purchase eight Airbus A320NEO aircraft
    • Signed 13 lease commitments
  • Customer base of 86 airlines in 38 countries and regions in the owned and managed portfolios
  • Managed fleet comprised 39 aircraft, with three single aisle aircraft off lease
  • Owned aircraft utilisation at 99.8% for the quarter ended 31 March 2021, with two single aisle aircraft off lease


 

 Shareholders and potential investors are reminded that the above operational data 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 549 aircraft owned, managed and on order. Its owned and managed fleet was leased to 86 airlines in 38 countries and regions worldwide as at 31 March 2021. 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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For more information, please contact:
Timothy ROSS
Tel: +65 6325 9878
Mobile: +65 9837 9873
timothy.ross@bocaviation.com
www.bocaviation.com