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    2588   SG9999015267

BOC AVIATION LIMITED

(2588)
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BOC Aviation : Announcements and Notices - OPERATIONAL DATA FOR THE THIRD QUARTER ENDED 30 SEPTEMBER 2021

10/15/2021 | 04:52am EST

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 THIRD QUARTER ENDED 30 SEPTEMBER 2021

BOC Aviation Limited (the "Company") announces its operational transactions for the third quarter ended 30 September 2021 and as at 30 September 2021:

Transactions Summary

  • A total fleet of 533 aircraft owned, managed and on order1
  • An average aircraft age of 3.8 years and an average remaining lease term of 8.2 years for the 383 owned aircraft fleet, weighted by net book value
  • Order book of 113 aircraft1
  • Executed a total of 38 transactions in the third quarter of 2021:
    • Took delivery of nine aircraft (including one acquired by an airline customer on delivery)
    • Sold two owned aircraft
    • Signed 27 lease commitments
  • Customer base of 88 airlines in 38 countries and regions in the owned and managed portfolios
  • Managed fleet comprised 37 aircraft, with one single aisle aircraft off lease
  • Owned aircraft utilisation at 99.0%, with two single aisle and six twin aisle aircraft off lease. Signed leases are now in place for all six twin aisle aircraft
  • For identification purpose only

1

Portfolio as at 30 September 2021

Owned

Managed

Aircraft

Aircraft Type

Aircraft

Aircraft

on Order1

Total

Airbus A320CEO family

107

15

0

122

Airbus A320NEO family

85

0

44

129

Airbus A330CEO family

12

1

0

13

Airbus A330NEO family

6

0

0

6

Airbus A350 family

9

0

0

9

Boeing 737NG family

74

14

0

88

Boeing 737 MAX family

40

0

45

85

Boeing 777-300ER

24

4

3

31

Boeing 777-300

0

1

0

1

Boeing 787 family

21

1

21

43

Freighters

5

1

0

6

Total

383

37

113

533

Note:

1. Includes all commitments to purchase aircraft including those where an airline customer has the right to acquire the relevant aircraft on delivery

Shareholders and potential investors are reminded that the above operational 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 October 2021

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, Mr. Liu Chenggang, Mr. Wang Xiao, Mdm. Wei Hanguang and Mdm. Zhu Lin 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

Disclaimer

BOC Aviation Ltd. published this content on 15 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2021 08:51:02 UTC.


© Publicnow 2021
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Robert James Martin Chief Executive Officer, Executive Director & MD
Steven Matthew Townend Chief Financial Officer & Deputy Managing Director
Huai Yu Chen Non-Executive Chairman
David Ryan Walton Chief Operating Officer & Deputy Managing Director
Shu La Fu Independent Non-Executive Director