A Member of Bank of China Group

Press Release

Operational Data For The Third Quarter Ended 30 September 2022

14 Oct 2022

BOC Aviation Limited (HKEX Code: 2588, “BOC Aviation”) announces its operational transactions for the quarter ended 30 September 2022:

Transactions Summary 

  • A total fleet of 612 aircraft owned, managed and on order1
  • An average aircraft age of 4.3 years and an average remaining lease term of 8.2 years for the 395 owned aircraft fleet, both weighted by net book value
  • Order book of 181 aircraft1
  • Executed a total of 44 transactions in the third quarter of 2022:

    • Committed to purchase nine new aircraft
    • Delivered 12 aircraft on lease to airlines
    • Sold one owned and one managed aircraft
    • Signed 21 lease commitments

  • Customer base of 81 airlines in 38 countries and regions in the owned and managed portfolios 
  • Managed fleet comprised 36 aircraft, with two single aisle aircraft off lease2
  • Owned aircraft utilisation stable at 96%, with eight single aisle, five twin aisle and one freighter aircraft off lease2. All aircraft are committed for lease

Portfolio as at 30 September 2022

 

Shareholders and potential investors are reminded that the above 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 612 aircraft owned, managed and on order.  Its owned and managed fleet was leased to 81 airlines in 38 countries and regions worldwide as at 30 September 2022. 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
[email protected]
www.bocaviation.com