Global aircraft operating leasing company BOC Aviation has signed a purchase-and-leaseback deal with Air China for five new aircraft.

The deal includes a combination of three Boeing 777-300ER aircraft and two Airbus A330-300 aircraft, all of which are expected to be delivered by the last quarter of this year.

BOC Aviation managing director and CEO Robert Martin said: “We are pleased to support Air China in its fleet growth and expansion plans in this transaction, which adds popular, in-demand aircraft on long-term leases to our portfolio.

"This transaction also represents incremental capital expenditure in 2016, and we continue to focus on disciplined investing to grow our fleet in line with our current strategy."

“This transaction also represents incremental capital expenditure in 2016, and we continue to focus on disciplined investing to grow our fleet in line with our current strategy.”

Air China is mainly involved in the operation of scheduled airline services.

Currently, BOC Aviation has a fleet of 483 aircraft, which are owned, managed or put on order by the company.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

As of June this year, the company’s owned and managed fleet was leased to 64 airlines in 31 countries.

BOC Aviation delivered an Airbus A321-200 aircraft, which was included in its current order book, to EVA Air at the end of the last month.

Additionally, the company delivered the second of six Boeing 737-800 aircraft to China Airlines and the first of three Airbus A321CEO aircraft to Mexico’s Interjet.

All the orders were already listed in BOC Aviation’s existing order book.