Operational performance from BOC Aviation for third quarter 2020
BOC Aviation Limited has released its operational transactions for the third quarter ended 30 September 2020. During the period the company signed thirteen lease commitments and took delivery of six aircraft.
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
BOC Aviation is a leading global aircraft operating leasing company with a fleet of 555 aircraft owned, managed, and on order. Its owned and managed fleet was leased to 87 airlines worldwide in 39 countries and regions as at 30 September 2020. BOC Aviation is listed on the Hong Kong Stock Exchange (HKEx code: 2588) and has its headquarters in Singapore with offices in Dublin, London, New York and Tianjin.
