BOC Aviation Limited (“BOC Aviation” or “the Company”) is pleased to announce that it has purchased eight new Airbus A330NEO family aircraft from Airbus. All eight aircraft are scheduled for delivery to Lion Air Group of airlines (“Lion Air Group”) in 2019 and 2020, and Lion Air will have the option to acquire four of the aircraft at delivery.

“We are delighted to partner with Lion Air Group once again as we commit to deliver the latest technology Airbus twin-aisle aircraft, commencing next year,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. “This transaction takes the number of Airbus A330NEO family aircraft in our orderbook to 10, with all of these scheduled for delivery between now and the end of 2020 to airline customers.”

Edward Sirait, Lion Air Group CEO, said, “we are excited to include the Airbus A330NEO into our fleet as it promises to be more fuel efficient and with its longer range, to expand our group’s fleet network. We are delighted that this transaction further diversifies the relationship with BOC Aviation across another aircraft type.”