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
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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.