BOC Aviation Adds Six New Airbus Aircraft To Orderbook
26 May 2017
BOC Aviation Limited (“BOC Aviation” or “the Company”) is pleased to announce that it has ordered four new Airbus A320NEO family aircraft (including A320 and A321 variants) and two new Airbus A330-900 aircraft.
All six Airbus aircraft have been committed for lease to Portugal’s flag carrier, TAP Portugal, and will be delivered between 2018 and 2020.
“This aircraft placement demonstrates our ability to provide a comprehensively tailored solution built around new technology Airbus aircraft and including both single-aisle and twin-aisle categories,” said Steven Townend, Chief Commercial Officer (Europe, Americas, Africa), BOC Aviation.
“TAP Portugal represents yet another new European customer and we are delighted to begin our partnership with this national carrier, which will expand our globally diversified customer portfolio even further,” Mr. Townend added.
“We’re excited to partner with BOC Aviation in this very important plan to improve TAP’s long term profitability. TAP’s fleet renewal plan, that includes 53 brand new Airbus NEO family aircraft, is a foundational element of our business strategy. Customer comfort, innovation and cost efficiency are the drivers of TAP’s fleet strategy. BOC Aviation’s ability to design innovative solutions to help finance new aircraft was very important for TAP. We are sure BOC Aviation and TAP will now be starting a mutually beneficial and cooperative long term relationship going forward,” said Teresa Lopes, TAP’s Vice President Finance.
About TAP Portugal
TAP Portugal is the flag carrier airline of Portugal, headquartered at Lisbon Airport which also serves as its hub. TAP is a member of the Star Alliance. It carried 11.7 million passengers in 2016 and operates more than 2,500 flights a week to over 76 destinations in 29 countries worldwide.
About BOC Aviation
BOC Aviation is a leading global aircraft operating leasing company with a fleet of 494 aircraft owned, managed and on order. Its owned and managed fleet was leased to 73 airlines worldwide in 34 countries as at 31 March 2017. BOC Aviation is listed on the Hong Kong Stock Exchange (HKEx code: 2588) and has its headquarters in Singapore with offices in Dublin, London and Tianjin. For more information, visit www.bocaviation.com.
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