Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
BOC AVIATION LIMITED
中 銀 航 空 租 賃 有 限 公 司*
(Incorporated in the Republic of Singapore with limited liability)
Stock Code: 2588
OPERATIONAL DATA FOR
THE FOURTH QUARTER AND YEAR ENDED 31 DECEMBER 2025
BOC Aviation Limited (the "Company") announces its operational transactions for the fourth quarter and year ended 31 December 2025.
Steven Townend, Chief Executive Officer and Managing Director, said, "In 2025, we delivered a strong operational performance, executing one of our largest ever volumes of transactions. We added 160 aircraft purchase commitments to our orderbook and reinforced our position as one of the top five global aircraft lessors. During the year, we took delivery of 51 new aircraft, reflecting our commitment to invest in technologically advanced aircraft. As part of our active portfolio management strategy, we sold 35 owned aircraft in 2025 and achieved a 100% aircraft utilisation rate. With a strong portfolio and orderbook, we are confident in achieving our future growth objectives."
Portfolio & Transactions Summary
A total portfolio of 815 aircraft and engines owned, managed and on order
An average aircraft age of 5.0 years and an average remaining lease term of 7.8 years for the 451 owned aircraft fleet1
Order book of 337 aircraft
Managed fleet comprised 16 aircraft
Customer base of 87 airlines in 46 countries and regions in the owned and managed portfolios
Owned aircraft utilisation maintained at 100% throughout the year
* For identification purposes only
Executed 66 transactions in the fourth quarter of 2025 and a total of 333 in 2025, including:
Commitments in the fourth quarter to purchase 14 aircraft and a total of 160 commitments in 2025
Delivery of 16 aircraft (excluding four acquired by an airline customer prior to delivery) in the fourth quarter and a net total of 51 in 2025
Sales of seven owned and one managed aircraft in the fourth quarter, which brought the total number of owned and managed aircraft sold during the year to 35 and one, respectively
21 lease commitments in the fourth quarter and a total of 74 for 2025
Raised total funding for the year of over
US$4 billion
Portfolio as at 31 December 2025
Asset Type
Owned
Managed
On Order2
Total
Airbus A220 family
23
0
0
23
Airbus A320CEO family
57
7
0
64
Airbus A320NEO family
155
0
206
361
Airbus A330CEO family
8
0
0
8
Airbus A330NEO family
6
0
0
6
Airbus A350 family
10
0
4
14
Boeing 737NG family
53
7
0
60
Boeing 737-8/9
83
0
127
210
Boeing 777-300ER
18
1
0
19
Boeing 787 family
35
1
0
36
Freighters
3
0
0
3
Engines
11
0
0
11
Grand total
462
16
337
815
Notes:
Weighted by net book value and includes finance lease receivables.
Comprises all purchase commitments, including six where an airline customer has exercised the right to acquire the aircraft on delivery.
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.
By Order of the Board BOC Aviation Limited So Yiu Fung
Company Secretary
Hong Kong, 12 January 2026
As at the date of this announcement, the Board of Directors of the Company comprises Mr. Zhuo Chengwen as Chairman and Executive Director, Mr. Steven Matthew Townend as Executive Director, Mr. Chen Xiang, Mr. Jin Hongju, Ms. Jin Yan, Ms. Liu Yunfei and Mr. Robert James Martin as Non-executive Directors, and Mr. Dai Deming, Mr. Fu Shula, Mr. Antony Nigel Tyler and Dr. Yeung Yin Bernard as Independent Non-executive Directors.
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BOC Aviation Ltd. published this content on January 12, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on January 12, 2026 at 00:14 UTC.
BOC Aviation Limited is a Singapore-based aircraft-operating leasing company. The Company is focused on purchasing new, fuel-efficient, in-demand aircraft directly from aircraft manufacturers, financing those aircraft purchases efficiently, and placing the aircraft on long-term operating leases with a diversified customer base. It owns and manages a fleet of approximately 635 aircraft. It holds a customer base of approximately 91 airlines in 45 countries and regions in the owned and managed portfolios. It offers services to airlines and aircraft owners, including direct operating leases, sale and leaseback facilities and third-party asset management. It also provides aircraft remarketing and technical management services to airlines, banks, and other investors. Its aircraft portfolio includes Airbus A320CEO family, Airbus A330CEO family, Airbus A320NEO family, Airbus A330NEO family, Airbus A350 family, Boeing 737NG family, Boeing 737 MAX family, Boeing 777-300ER, among others.
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