BOC Aviation Limited (HKEX Code: 2588, “BOC Aviation”) announces its operational transactions for the second quarter ended 30 June 2017 and as at 30 June 2017:

Transactions Summary

  • Portfolio comprised 297 owned and managed aircraft, with an average aircraft age of 3.1 years and an average remaining lease term of 7.8 years for owned aircraft fleet, weighted by net book value
  • Order book of 1961 aircraft
  • Took delivery of 18 aircraft (including 1 acquired by an airline customer on delivery) in the second quarter of 2017
  • Added 22 lease commitments in the second quarter of 2017
  • Customer base of 75 airlines in 34 countries in the owned and managed portfolios
  • Sold 13 owned aircraft in the second quarter of 2017
  • Managed fleet comprised 36 aircraft
  • Total number of aircraft scheduled for delivery in 2017 has increased to 80, of which 95% have been committed for lease
  • Aircraft utilisation improved to 99.9% for the second quarter ended 30 June 2017

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.