BOC Aviation reports quarterly data

Dino D'Amore
By Dino D'Amore June 27, 2016 10:54

BOC Aviation reports quarterly data

At the end of the fiscal first quarter ending March 31, 2016, BOC Aviation’s aircraft portfolio consists of 271 owned and managed aircraft, with an average aircraft age of 3.2 years and an average remaining lease term of 7.3 years for owned aircraft fleet, weighted by net book value. BOC Aviation’s order book reached 232 aircraft averaging 40 aircraft a year over the period from 2016 to 2021. The newly-listed lessor tool delivery of 13 aircraft (including three acquired by airline customers on delivery) during the period as well as signed 32 new leases, sold seven aircraft and committed to purchase four aircraft on purchase and leaseback terms. BOC Aviation’s fleet stands at 41 aircraft. Its 2016 deliveries are all placed, with 50% of 2017 deliveries also placed. Aircraft utilisation is maintained at 100%.

Dino D'Amore
By Dino D'Amore June 27, 2016 10:54