BOC Aviation : Announcements and Notices - OPERATIONAL DATA FOR THE SECOND QUARTER ENDED 30 JUNE 2022
July 15, 2022 at 06:54 am EDT
Share
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 SECOND QUARTER ENDED 30 JUNE 2022
BOC Aviation Limited (the "Company") announces its operational transactions for the quarter ended
30 June 2022:
Transactions Summary
A total fleet of 608 aircraft owned, managed and on order1
An average aircraft age of 4.1 years and an average remaining lease term of 8.4 years for the 390 owned aircraft fleet, both weighted by net book value
Order book of 181 aircraft1
Executed a total of 126 transactions in the second quarter of 2022:
Committed to purchase 84 new aircraft
Took delivery of 13 aircraft (including one acquired by an airline customer on delivery)
Sold five owned aircraft
Signed 24 lease commitments
Customer base of 79 airlines in 36 countries and regions in the owned and managed portfolios
Managed fleet comprised 37 aircraft, with four single aisle aircraft off lease2, of which, three are committed for lease
Owned aircraft utilisation at 96.1%, with 11 single aisle, five twin aisle and one freighter aircraft off lease2. Nine single aisle aircraft and all five twin aisle aircraft are committed for lease
For identification purposes only
1
Portfolio as at 30 June 2022
Owned
Managed
Aircraft on
Aircraft Type
Aircraft
Aircraft
Order1
Total
Airbus A320CEO family
100
15
0
115
Airbus A320NEO family
93
0
111
204
Airbus A330CEO family
9
1
0
10
Airbus A330NEO family
6
0
0
6
Airbus A350 family
9
0
0
9
Boeing 737NG family
72
14
0
86
Boeing 737 MAX family
50
0
49
99
Boeing 777-300ER
27
4
0
31
Boeing 777-300
0
1
0
1
Boeing 787 family
19
1
213
41
Freighters
5
1
0
6
Total
390
37
181
608
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 Russia.
Subsequent to 30 June 2022, the Company cancelled a purchase commitment for three Boeing 787-9 aircraft. Details of such purchase commitment were announced by the Company on 1 June 2018. The number of aircraft on order as at 30 June 2022 as shown in the above table does not take into account such cancellation.
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
Zhang Yanqiu Juliana
Company Secretary
Hong Kong, 15 July 2022
As at the date of this announcement, the Board of Directors of the Company comprises Mr. Chen Huaiyu as Chairman and Non-executive Director, Mdm. Zhang Xiaolu and Mr. Robert James Martin as Executive Directors, Mdm. Chen Jing, Mr. Dong Zonglin, Mr. Wang Xiao and Mdm. Wei Hanguang 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.
2
Attachments
Original Link
Original Document
Permalink
Disclaimer
BOC Aviation Ltd. published this content on 15 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2022 10:53:10 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 635 aircraft. It holds a customer base of 86 airlines in 39 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 comprehensive 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, Boeing 787 family, and Freighters.
BOC AVIATION LIMITED 
