BOC Aviation reports first quarter operations

Lauren Eldershaw
By Lauren Eldershaw April 9, 2019 15:05

BOC Aviation reports first quarter operations

For the quarter ended 31 March 2019, BOC Aviation’s total fleet reached 507 aircraft owned, managed and on order, with an average aircraft age of 3.1 years and an average remaining lease term of 8.2 years for the 310 owned aircraft fleet, weighted by net book value. BOC Aviation has an 172 aircraft strong orderbook.

During the quarter, the lessor took delivery of 11 aircraft (including three acquired by airline customers on delivery), signed seven lease commitments, sold one owned aircraft and now manages a fleet of 25 aircraft. Its customer base spans 94 airlines in 39 countries and regions in the owned and managed portfolios. Its aircraft utilisation is at 99.9%

The total number of aircraft delivered or scheduled to be delivered in 2019 is 79. Certain airline customers have notified the lessor of their intention to acquire on delivery a total of 18 of our aircraft delivered or scheduled for delivery in 2019.

Lauren Eldershaw
By Lauren Eldershaw April 9, 2019 15:05