BOC Aviation Ltd.

10/15/2021 | Press release | Distributed by Public on 10/15/2021 03:00

Operational Data For The Third Quarter Ended 30 September 2021

Press Release

Operational Data For The Third Quarter Ended 30 September 2021

15 Oct 2021

BOC Aviation Limited (HKEX Code: 2588, "BOC Aviation") announces its operational transactions for the quarter ended 30 September 2021 and as at 30 September 2021:

Transactions Summary

  • A total fleet of 533 aircraft owned, managed and on order1
  • An average aircraft age of 3.8 years and an average remaining lease term of 8.2 years for the 383 owned aircraft fleet, weighted by net book value
  • Order book of 113 aircraft1
  • Executed a total of 38 transactions in the third quarter of 2021:
    • Took delivery of nine aircraft (including one acquired by an airline customer on delivery)
    • Sold two owned aircraft
    • Signed 27 lease commitments
  • Customer base of 88 airlines in 38 countries and regions in the owned and managed portfolios
  • Managed fleet comprised 37 aircraft, with one single aisle aircraft off lease
  • Owned aircraft utilisation at 99.0%, with two single aisle and six twin aisle aircraft off lease. Signed leases are now in place for all six twin aisle aircraft

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 533 aircraft owned, managed and on order. Its owned and managed fleet was leased to 88 airlines in 38 countries and regions worldwide as at 30 September 2021. 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.

*******

For more information, please contact:
Timothy ROSS
Tel: +65 6325 9878
Mobile: +65 9837 9873
[email protected]
www.bocaviation.com