BOC Aviation to buy 17 Airbus aircraft worth $2.2 billion

July 23, 2018

HONG KONG (Reuters) – BOC Aviation Ltd <2588.HK> said on Monday it would buy 17 new Airbus <AIR.PA> A320NEO and A321NEO aircraft worth a combined $2.2 billion at list prices.

Asia’s second-biggest aircraft lessor, which had 487 aircraft as at June 30, said it expected to take delivery of the aircraft in 2020 and 2021.

The Singapore-based company, which is majority-owned by Bank of China <601988.SS>, had in June agreed to buy 5 Airbus aircraft worth a combined $553 million at list prices for delivery in 2018 and 2019.

(Reporting by Donny Kwok; Editing by Stephen Coates)

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July 23, 2018 at 06:50AM
from One America News Network