Loading
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;
    • Cumulative number of aircraft delivered since inception exceeded 200 for Airbus and exceeded 175 for Boeing during the year.
  • 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]

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More