BOC Aviation Limited (HKEX Code: 2588, “BOC Aviation”) announces its operational transactions for the quarter ended 30 June 2021 and as at 30 June 2021:

Transactions Summary

·         A total fleet of 536 aircraft owned, managed and on order¹

·         An average aircraft age of 3.7 years and an average remaining lease term of 8.1 years for the 377 owned aircraft fleet, weighted by net book value

·         Order book of 122 aircraft¹

·         Executed a total of 35 transactions in the second quarter of 2021:

·           Took delivery of 17 aircraft (including three acquired by airline customers on delivery)

·           Sold three owned and two managed aircraft

·           Signed 13 lease commitments

·         Customer base of 87 airlines in 38 countries and regions in the owned and managed portfolios

·         Managed fleet comprised 37 aircraft, with two single aisle aircraft off lease

• Owned aircraft utilisation at 99.6%, with two single aisle and six twin aisle aircraft off lease. Signed leases are now in place for all six twin aisle aircraft

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.