BOC Aviation : Announcements and Notices - OPERATIONAL DATA FOR THE THIRD QUARTER ENDED 30 SEPTEMBER 2021
October 15, 2021 at 04:52 am EDT
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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.
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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.
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 
