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A Member of Bank of China Group

Press Release

BOC Aviation Signs Purchase-and-Leaseback Agreement with Cathay Pacific for Six Boeing 777-300ER Aircraft

16 Mar 2020

BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has signed a purchase-and-leaseback agreement with Cathay Pacific (“Cathay”) for six Boeing 777-300ER aircraft. All six aircraft will be placed on long-term leases with Cathay.

Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation, said: “We are pleased to be supporting Cathay once again, building on a long-term relationship that dates back to 2009. This transaction highlights the way we can bring financing solutions to our customers, on the strength of our balance sheet, our A- credit ratings and our available liquidity.”

About BOC Aviation

BOC Aviation is a leading global aircraft operating leasing company with a fleet of 523 aircraft owned, managed and on order. Its owned and managed fleet was leased to 93 airlines worldwide in 41 countries and regions as at 31 December 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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For more information, please contact:
Timothy ROSS
Tel: +65 6325 9878
Mobile: +65 9837 9873
timothy.ross@bocaviation.com
www.bocaviation.com