BOC Aviation Limited (HKEX Code: 2588, “BOC Aviation”) announces its operational transactions for the quarter ended 31 March 2019 and as at 31 March 2019:
A total fleet of 507 aircraft owned, managed and on order1
An average aircraft age of 3.1 years and an average remaining lease term of 8.2 years for the 310 owned aircraft fleet, weighted by net book value
Order book of 172 aircraft1
Took delivery of 11 aircraft (including three acquired by airline customers on delivery)
Signed seven lease commitments
Customer base of 94 airlines in 39 countries and regions in the owned and managed portfolios
Sold one owned aircraft
Managed fleet comprised 25 aircraft
Aircraft utilisation at 99.9%
The total number of aircraft delivered or scheduled to be delivered in 2019 is 79. Certain airline customers have notified us of their intention to acquire on delivery a total of 18 of our aircraft delivered or scheduled for delivery in 2019.
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.