BOC Aviation Limited (HKEX Code: 2588, “BOC Aviation”) announces its operational transactions for the third quarter ended 30 September 2020 and as at 30 September 2020:

Transactions Summary

・         A total fleet of 555 aircraft owned, managed and on order1

・         An average aircraft age of 3.6 years and an average remaining lease term of 8.5 years for the 335 owned aircraft fleet, weighted by net book value

・         Order book of 180 aircraft1

・         Took delivery of six aircraft in the third quarter of 2020

・         Signed 13 lease commitments in the third quarter of 2020

・         Customer base of 87 airlines in 39 countries and regions in the owned and managed portfolios

・         Sold five owned aircraft in the third quarter of 2020

・         Managed fleet comprised 40 aircraft, with three single aisle aircraft off lease, one of which has been committed for lease

・         Owned aircraft utilisation at 99.7%, with two single aisle aircraft off lease of which both have been committed for lease

Portfolio as at 30 September 2020


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.