BOC Aviation to Lease Three New Embraer E190 Aircraft to Air Astana
10 Jul 2012
BOC Aviation has signed agreements for the lease of three new Embraer E190 aircraft to Air Astana. One aircraft is scheduled for delivery in Spring 2013 and the other two in Spring 2014. This deal marks the first time that BOC Aviation has worked with the flag carrier of Kazakhstan.
“Air Astana, IOSA registered, 4 Skytrax stars, best airline in Central Asia, has seen strong growth in traffic figures since commencing operations in 2002,” said Mr. Peter Foster, President of Air Astana. “We are pleased to partner with BOC Aviation in our network and fleet expansion plans.”
“Kazakhstan is a resource rich country that is enjoying strong economic growth. We believe Air Astana, in its mission to be the leading airline of Central Asia and CIS, is strategically well positioned to benefit from this growth,” said Mr. Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. He added “BOC Aviation is delighted to welcome Air Astana as a new customer of BOC Aviation and look forward to a long lasting relationship.”
BOC Aviation is the leading Asia-based aircraft leasing company with a portfolio of 188 modern aircraft operated by airlines worldwide and another 63 aircraft on firm order. The Company has one of the youngest fleets in the industry with an average owned aircraft age of less than four years. BOC Aviation is the world’s highest publicly-rated aircraft leasing company with corporate credit ratings of A- from Fitch Ratings and BBB from Standard and Poor’s.
BOC Aviation is 100% owned by Bank of China, one of the largest banks in the world.
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