1-Mar-2016 11:42 AM
BOC Aviation signed 46 lease agreements for 2015, builds fleet portfolio to 270 aircraft
BOC Aviation reported the following portfolio and operational highlights for 2015
- Portfolio: 270 aircraft, comprising 227 owned and 43 managed aircraft, as of 31-Dec-2015;
- Customers: 62 airlines in 30 countries;
- Average age of owned aircraft: 3.3 years, weighted by net book value;
- Average lease term remaining: 7.4 years for owned fleet, weighted by net book value;
- Fleet utilisation: 100%;
- New agreements: Signed 46 leases;
- Aircraft deliveries: 40 new aircraft;
- Aircraft commitments: BOC has commitments to purchase 241 aircraft with scheduled deliveries through 2021;
- New orders: Agreements signed for 30 A320 family aircraft and 22 Boeing 737NG family aircraft;
- Disposals: Sold 44 owned and managed aircraft;
- Financing: Raised more than USD2 billion. [more - original PR]