BOC Aviation Limited (“BOC Aviation” or “the Company”) is pleased to announce that it has signed a purchase-and-leaseback agreement with Qatar Airways for three Boeing 777- 300ER aircraft, currently in operation with the airline.
“We are delighted to once more be supporting Qatar Airways’ fleet development plans, building on a long-term relationship that dates back to 1999, and adding popular, in-demand aircraft on long-term leases to our portfolio,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. “This incremental capital expenditure is in line with our current strategy of growing our fleet through disciplined investment.”