12 October, 2023

BOC commits to purchase 41 aircraft in last quarter.


BOC Aviation, a leading global aircraft operating leasing company has just released its operational transactions for the quarter that ended 30 September 2023.

BOC Aviation had a total fleet of 681 aircraft owned, managed and on order.
An average aircraft age of 4.8 years and an average remaining lease term of 7.8 years for the 413 owned aircraft fleet, both weighted by net book value.

Managed fleet comprising 35 aircraft
·         Order book of 233 aircraft


Executed a total of 124 transactions in the third quarter of 2023, including:
Commitments to purchase 41 aircraft
Delivery of 11 aircraft
62 lease commitments  
 

Signed largest loan transaction with 16 banks globally totalling US$1.375 billion with a customer base of 93 airlines in 44 countries and regions in the owned and managed portfolios.  Owned aircraft utilisation improved to 99.1% as at 30 September 2023. 



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