Aviation news analysis
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

Airbus A330neo en route to function & reliability tests

Flying over European Airbus sites and visiting 15 cities worldwide to test aircraft readiness for airline operations The A330neo, Airbus’ newest widebody aircraft, has embarked on a worldwide...

DC Aviation Group continues to grow its Aircraft Management fleet

Stuttgart headquartered DC Aviation Group (DCA), the German joint venture partner of DC Aviation Al-Futtaim (DCAF), continues to grow its aircraft management fleet with the addition of a Dassault Falc...

Airbus Helicopters delivers first H145s to Rega

Airbus Helicopters has delivered the first two of a total of six H145 helicopters to Swiss Air-Rescue Rega. These will replace Rega’s existing fleet of EC145 helicopters, which will be phased ou...

airBaltic Receives Ninth CS300 Aircraft

The Latvian airline airBaltic welcomed the ninth Bombardier CS300jet, registered as YL-CSI, in Riga on June 17. By the end of 2018, airBalticplans to have a total of 14 CS300 aircr...