• Confirms continuing strong appetite for best-selling, fuel efficient A320 Family

France | January 7, 2016– BOC Aviation, the Singapore-based global aircraft leasing company owned by Bank of China, has announced an order for an additional 30 A320 Family aircraft, comprising 18 A320neo Family aircraft and 12 A320ceo Family aircraft.

“This order underscores our continued confidence in the reliability and operational efficiency of the A320 family aircraft, and reflects its popularity among our customers for short- and medium-haul routes,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation.

“BOC Aviation is a leading lessor based in a fast-growing part of the world, and its latest order not only demonstrates its continued confidence in our product for its airline customers but recognizes the A320 as a sound financial asset in its portfolio,” said John Leahy, Airbus Chief Operating Officer, Customers. “We appreciate the mutually beneficial and strong relationship we have built with BOC Aviation over the past 20 years. With this order, BOC Aviation becomes one of Airbus’ top 10 customers.”

Including this latest purchase agreement, BOC Aviation’s cumulative orders to date for new Airbus aircraft have reached a total of 306, comprising 12 A330s and 294 A320 Family, including 64 NEOs.

With more than 12,300 aircraft ordered, and more than 6,800 aircraft delivered to more than 400 customers and operators worldwide, Airbus’ A320 Family is the world’s best-selling single-aisle aircraft family. The A320neo Family incorporates latest technologies including new generation engines and Sharklet wing tip devices, which together deliver more than 15 percent in fuel savings from day one and 20 percent by 2020 with further cabin innovations. With more than 4,400 orders received from close to 80 customers since its launch in 2010, the A320neo Family has captured some 60 percent share of the market.

  • Deal for 11 Next-Generation 737s and 11 737 MAX 8s fulfills growing customer demand for new technology, fuel efficient airplanes

Singapore | November 24, 2015– Boeing (NYSE: BA) and BOC Aviation, announced an order for 22 737 airplanes, building on the leasing company’s existing order book to fulfill customer demand.

The order, consisting of 11 Next-Generation 737-800s and 11 737 MAX 8 airplanes, will be posted to Boeing’s Orders and Deliveries website once finalized.

“This order demonstrates our continued confidence in the Next Generation 737 aircraft for its proven high performance, reliability and asset value,” said Robert Martin, managing director and chief executive officer of BOC Aviation. “The Next Generation 737 economics are very attractive to our customers. With the 737 MAX, we are investing in new technology aircraft to meet our customers’ long-term fleet planning requirements.”

In addition to today’s announcement, BOC Aviation has ordered 167 737 airplanes, including 50 737 MAXs and 16 777s.

“BOC Aviation has played an important role in the success of the 737 program and we’re delighted they have again put their confidence in Boeing and the 737 family,” said Dinesh Keskar, senior vice president, Asia Pacific and India Sales, Boeing Commercial Airplanes. “This new order, on top of the 2014 order for 80 737s, is proof of BOC Aviation’s leading position in the leasing market, providing its customers with the most reliable and fuel-efficient single-aisle airplanes.”

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The new single-aisle airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class – 8 percent per seat less than its nearest competitor.

BOC Aviation is a leading global aircraft leasing company with a portfolio of 253 owned and managed aircraft operated by 59 airlines worldwide in 29 countries, with commitments to acquire 203 aircraft, as of 30 September 2015. BOC Aviation, owned by Bank of China, is based in Singapore with offices in Dublin, London, Seattle and Tianjin.

– Confirms strong market demand for current and new engine options

January 14, 2013– BOC Aviation, the Singapore-based aircraft leasing subsidiary of Bank of China, has placed a new firm order, signed in December 2012, for the purchase of 50 A320 Family aircraft including 25 NEOs. The order comprises A320 and A321 variants of both engine options. BOC Aviation will make its engine selection for the aircraft at a later date.

BOC Aviation last placed an order for A320ceo Family aircraft in 2010. This order for A320neo Family aircraft will be its first for the new engine option. As an investor in aircraft, the Company seeks fuel-efficient aircraft that have a wide operator base and this order will further contribute to its growth.

“Airbus’ popular A320 and A321 aircraft with the current engine option are outstanding aircraft for airlines focusing on operational efficiency who want to offer their passengers a superior short to medium haul travel experience,” said Robert Martin, BOC Aviation’s Managing Director and Chief Executive Officer. “The A320neo Family order reinforces our commitment to be a key player in the leasing industry as we make the latest eco-efficient aircraft available to our customers.”

“The announcement from BOC Aviation is another vote of confidence in the long-term appeal of our popular A320 Family. It works well for the financial community thanks to its wide operator base, its proven excellent operating economics as well as strong residual values,” said John Leahy, Chief Operating Officer Customers, Airbus. “With this latest order for A320 Family aircraft, BOC Aviation is well placed to continue to build on its position as a top tier leasing company.”

Including this latest purchase agreement, BOC Aviation’s cumulative orders for new Airbus aircraft reach a total of 187 (181 A320 Family and six A330 Family aircraft), of which 131 have already been placed with airlines. BOC Aviation has also been growing its Airbus fleet through purchase and leaseback transactions with airlines. To date, BOC Aviation has successfully placed Airbus aircraft with over 40 airlines worldwide. BOC Aviation is the largest Asia-based aircraft leasing company and will be celebrating its 20th anniversary this year.

The A320neo will enter into service from late 2015, followed by the A319neo and A321neo in 2016. The A320neo Family incorporates latest generation engines and large Sharklet wing-tip devices, which together will deliver up to 15 percent in fuel savings which is equivalent to 1.4 million litres of fuel – the consumption of 1,000 mid size cars, saving 3,600 tons of C02 per aircraft per year. With more than 1,600 firm orders since its launch in December 2010, the A320neo Family is the fastest selling commercial aircraft programme ever.

The A320 Family is the world’s best-selling and most modern single aisle aircraft Family. To date, close to 8,900 aircraft have been ordered and over 5,300 delivered to more than 380 customers and operators worldwide.