BOC Aviation Limited (“BOC Aviation” or “the Company”) is pleased to announce two concurrent milestones. The first of these is a purchase and lease back (“PLB”) transaction with Turkish Airlines for a Boeing 777-300ER that takes deliveries scheduled for 2017 to a record 80 aircraft. Secondly, this addition to the Company’s portfolio will mean that our owned and managed fleet now exceeds 300 aircraft.
“Based on current announced deliveries for this year, BOC Aviation is expected to be the world’s most active investor in new mainline aircraft, with 80 aircraft already delivered or scheduled for delivery in 2017, ” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. “We are delighted to celebrate the announcement of this milestone with another transaction with our established customer, Turkish Airlines.”