BOC Aviation Takes Delivery of First Two Boeing 787 Dreamliner Aircraft

BOC Aviation Pte. Ltd. (“BOC Aviation”) is pleased to announce that it has added its first two new Boeing 787-8 Dreamliner aircraft to its fleet. Both of the wide-body aircraft have been placed on long-term leases to Kenya Airways Ltd. (“Kenya Airways”) following the successful Sale and Leaseback transaction between the two companies.

“We are excited to bring in the new 787-8 Dreamliner aircraft into the BOC Aviation portfolio for the first time, given the long-haul capability it offers our airline customers,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. “We are pleased to support Kenya Airways, building on a relationship which dates back to 2006, and are committed to supporting the airline in its fleet and network expansion plans.”

“The BOC Aviation team provided a timely and tailor-made solution for our fleet management plans,” said Mbuvi Ngunze, Group Managing Director and Chief Executive Officer of Kenya Airways. “They have proven to be a valuable partner as we continue to position ourselves with a modern and efficient fleet to better meet our guests’ expectations. We have now completed our wide-body fleet upgrade program with the delivery of the last two Dreamliners. ”

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. The Company has one of the youngest fleets in the industry with an average owned aircraft age of less than four years. BOC Aviation, owned by Bank of China, is based in Singapore with offices in Dublin, London, Seattle and Tianjin.