A Member of Bank of China Group

Press Release

BOC Aviation Signs Lease Agreement for Five New Airbus A321 Aircraft with Juneyao Airlines

14 Nov 2016

BOC Aviation Limited (“BOC Aviation”) is pleased to announce that it has signed lease agreements for five new Airbus A321-200 aircraft with Juneyao Airlines Co. Ltd. All five aircraft are scheduled for delivery to Juneyao in 2017.

“We are pleased to support Juneyao Airlines’ expansion as it continues to grow its services within China,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. “This placement also reflects the increased demand for the A321 when airlines are looking for larger capacity single-aisle aircraft.”

Junjin Wang, the Chairman of Juneyao Airlines, said, “We are pleased to work with BOC Aviation to add this modern and efficient aircraft to our fleet. Juneyao has been growing steadily in the past decade and now has a fleet of 56 Airbus aircraft, and we are excited to add the A321 to the fleet.”

About Juneyao Airlines

Juneyao Airlines is a subsidiary company of Shanghai Juneyao (Group) Co. Ltd, one of China's Top 100 Private Companies. Shanghai is the operating and maintenance base of JuneYao Airlines whose hubs are at Hongqiao and Pudong International Airports. Juneyao Airlines mainly operates domestic air transport of passenger, cargo and mail, business and tourist charter, as well as flights to Hong Kong, Macao and neighboring countries.

About BOC Aviation

BOC Aviation is a leading global aircraft operating leasing company with a fleet of 484 aircraft owned, managed or on order.  Its owned and managed fleet was leased to 67 airlines worldwide in 31 countries as at 30 September 2016. BOC Aviation is listed on the Hong Kong Stock Exchange (HKEx code: 2588) and has its headquarters in Singapore with offices in Dublin, London, Seattle and Tianjin. For more information, visit www.bocaviation.com.


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