The aircraft lessor BOC Aviation said on Monday it would buy five new planes from Air China, worth a combined US$1.5 billion at list prices, and would lease them back to the carrier.
Asia’s second-biggest aircraft lessor, with a fleet of more than 260 planes, said it would buy three new Boeing B777-300ERs and two new Airbus A330-300 aircraft.
The company expects to take delivery of the aircraft before the end of 2016.
An expanding air travel market in Asia has helped many regional airlines improve their financial performance which in turn is fuelling growth in the leasing sector, BOC Aviation chief executive Robert Martin said in August.
The European tour of Daher Aircraft’s “go-anywhere” Kodiak 900 multi-role airplane continues this week at the France Air Expo 2026 event in Lyon, France, where it will join a fast, e...
VIP Completions together with partner YODEZEEN announced that their Gulfstream G550 refurbishment project won the ‘Aviation Interior Design/VIP Completion’ title at the International...
Bombardier Defense will provide three Global 6500 aircraft to fly maritime surveillance missions for the Australian Border Force. Metrea - the originator and leading provider...
dnata has secured a new multi-year contract with Silk Way Group to provide cargo and freighter handling services at Singapore Changi Airport (SIN), further strengthening a longstanding global par...
