01/09/2025 | Press release | Distributed by Public on 01/09/2025 05:48
Press Release
09 Jan 2025
BOC Aviation Limited (HKEX Code: 2588, "BOC Aviation") announces its operational transactions for the fourth quarter and year ended 31 December 2024.
Steven Townend, Chief Executive Officer and Managing Director, said, "We continued to focus on the long term sustainable growth of our business in 2024 and added 47 new aircraft commitments, which will provide a valuable pipeline of future revenue growth. We took delivery of 38 aircraft against a challenging supply chain backdrop, lifting our owned portfolio to a record 435 aircraft even as we sold 29 owned aircraft as part of our active portfolio management strategy. Our collection rate exceeded 100% for the third year running and aircraft utilisation remained above 99%. Notably, all of our aircraft were on lease at year-end."
Portfolio & Transactions Summary
Portfolio as at 31 December 2024
Notes:
Shareholders and potential investors are reminded that the above 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 portfolio of 709 aircraft and engines owned, managed and on order. Its owned and managed fleet was leased to 92 airlines in 48 countries and regions worldwide as at 31 December 2024. 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
[email protected]
www.bocaviation.com