BOC Aviation Limited (HKEX Code: 2588, “BOC Aviation”) announces its operational transactions for the third quarter ended 30 September 2019 and as at 30 September 2019:  

Transactions Summary

  • A total fleet of 509 aircraft owned, managed and on order1
  • An average aircraft age of 3.1 years and an average remaining lease term of 8.3 years for the 309 owned aircraft fleet, weighted by net book value
  • Order book of 164 aircraft1
  • Took delivery of nine aircraft (including one acquired by an airline customer on delivery)
  • Signed 11 lease commitments
  • Customer base of 92 airlines in 40 countries and regions in the owned and managed portfolios
  • Sold 13 owned aircraft
  • Managed fleet comprised 36 aircraft
  • Aircraft utilisation at 99.5%

1. Includes all commitments to purchase aircraft including those where an airline customer has the right to acquire the relevant aircraft on delivery

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.