BOC Aviation Limited has just released its operational transactions for the quarter that ended 30th September 2022:
Transactions Summary
· A total fleet of 612 aircraft owned, managed and on order1
· An average aircraft age of 4.3 years and an average remaining lease term of 8.2 years for the 395-owned aircraft fleet, both weighted by net book value
· Order book of 181 aircraft1
· Executed a total of 44 transactions in the third quarter of 2022:
- Committed to purchasing nine new aircraft
- Delivered 12 aircraft on lease to airlines
- Sold one owned and one managed aircraft
- Signed 21 lease commitments
· Customer base of 81 airlines in 38 countries and regions in the owned and managed portfolios
· Managed fleet comprising 36 aircraft, with two single-aisle aircraft off lease2
· Owned aircraft utilisation stable at 96%, with eight single-aisle, five twin-aisle and one freighter aircraft off lease2. All aircraft are committed for lease
Portfolio as of 30 September 2022
Notes:
- Includes all commitments to purchase aircraft including those where an airline customer has the right to acquire the relevant aircraft on delivery.
- Excludes 17 owned and one managed aircraft that remain in the possession of certain Russian airlines despite the termination of the leases with those airlines.
Shareholders and potential investors are reminded that the above data are based on the Company’s records and have not been audited or reviewed by the Company’s auditors.
BOC Aviation is a leading global aircraft operating leasing company with a fleet of 612 aircraft owned, managed and on order. Its owned and managed fleet was leased to 81 airlines in 38 countries and regions worldwide as at 30 September 2022. 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.