BOC Aviation Limited (“BOC Aviation” or “the Company”) is pleased to announce that it has ordered four new Airbus A320NEO family aircraft (including A320 and A321 variants) and two new Airbus A330-900 aircraft.
All six Airbus aircraft have been committed for lease to Portugal’s flag carrier, TAP Portugal, and will be delivered between 2018 and 2020.
“This aircraft placement demonstrates our ability to provide a comprehensively tailored solution built around new technology Airbus aircraft and including both single-aisle and twin-aisle categories,” said Steven Townend, Chief Commercial Officer (Europe, Americas, Africa), BOC Aviation.
“TAP Portugal represents yet another new European customer and we are delighted to begin our partnership with this national carrier, which will expand our globally diversified customer portfolio even further,” Mr. Townend added.
“We’re excited to partner with BOC Aviation in this very important plan to improve TAP’s long term profitability. TAP’s fleet renewal plan, that includes 53 brand new Airbus NEO family aircraft, is a foundational element of our business strategy. Customer comfort, innovation and cost efficiency are the drivers of TAP’s fleet strategy. BOC Aviation’s ability to design innovative solutions to help finance new aircraft was very important for TAP. We are sure BOC Aviation and TAP will now be starting a mutually beneficial and cooperative long term relationship going forward,” said Teresa Lopes, TAP’s Vice President Finance.