A Member of Bank of China Group

Press Release

Operational Data For The Second Quarter Ended 30 June 2020

08 Jul 2020

BOC Aviation Limited (HKEX Code: 2588, “BOC Aviation”) announces its operational transactions for the second quarter ended 30 June 2020 and as at 30 June 2020:
   
Transactions Summary

  • A total fleet of 571 aircraft owned, managed and on order1

  • An average aircraft age of 3.5 years and an average remaining lease term of 8.5 years for the 334 owned aircraft fleet, weighted by net book value

  • Order book of 197 aircraft1

  • Took delivery of 13 aircraft in the second quarter of 2020

  • Signed 38 lease commitments in the second quarter of 2020

  • Customer base of 91 airlines in 40 countries and regions in the owned and managed portfolios

  • Sold two owned aircraft in the second quarter of 2020

  • Managed fleet comprised 40 aircraft, with one narrowbody aircraft off lease

  • Owned aircraft utilisation at 99.8%, with two narrowbody aircraft off lease

 

Note:
1. Includes all commitments to purchase aircraft including those where an airline customer has the right to acquire the relevant aircraft on delivery

Shareholders and potential investors are reminded that the above operational 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 571 aircraft owned, managed and on order. Its owned and managed fleet was leased to 91 airlines worldwide in 40 countries and regions as at 30 June 2020. 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