50 SKY SHADES - World aviation news

Air China builds bridge with BOC Aviation in jet sale and lease deal

Download: Printable PDF Date: 04 Oct 2016 14:21 categories:
Publisher:
Air China builds bridge with BOC Aviation in jet sale and lease deal - Finance publisher
Krista Kuznecova
Country: China Aircraft: Airplanes
Source: The National

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.

See original image



Loading comments for Air China builds bridge with BOC Aviation in jet sale and lease deal...


Recommended

Al Bateen Executive Airport for Chaine des Rotisseurs

Executive gourmet by Gategourmet, hosted a Gala Dinner for the Chaine des Rotisseurs at Al Bateen Executive Airport – Abu Dhabi, a first and unusual event for an Airport. The Chaine des Rotis...

140,000 sq. ft. Biggin Hill Airport development set for completion by Christmas

London Biggin Hill Airport is announcing that work on its 60,000 sq. ft hangar, 10,000 sq. ft office block and 70,000 sq. ft additional ramp space is on track for completion in time for Christmas,with...

Contract for the purchase of parts of Air Berlin Group signed

Lufthansa Group acquires NIKI and Luftfahrtgesellschaft Walter Purchase is subject to approval by the competition authorities Purchasing price of approximately 210 million euros agreed on...

Sikorsky Launches Customer Experience 2.0

Sikorsky announced the launch of its Next Generation Customer Portal for customers, providing an enhanced and more direct web-based location for all customer needs regarding maintenance and quest...