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.
Diamond Aircraft concluded a successful week at EAA AirVenture Oshkosh 2026, where it showcased a comprehensive flight-training and private aviation lineup comprising the DA62, DA50 RG, DA42-VI, DA40...
Airbus Helicopters officially delivered the first NH90 Standard 2 to the French Armament General Directorate. This new variant of the NH90 TTH was designed specifically for special operations. Fr...
The Metropolitan Washington Airports Authority, United Airlines and the U.S. Department of Transportation announced a landmark transformation for Washington Dulles International Airport with a capital...
The Civil Aviation Authority of Singapore has awarded Thales a landmark contract to develop a new NexGen Air Traffic Management System (ATMS) and air traffic control radars, marking a major step towar...
