BOC Aviation orders 30 A320 family aircraft from Airbus
BOC Aviation, the Singapore-based aircraft leasing subsidiary of Bank of China, has placed a new firm order with Airbus for the purchase of 30 A320 Family aircraft.
Deliveries of the aircraft will take place over a three year period beginning in 2012. BOC Aviation will make an engine selection for the aircraft in the near future.
"The current order is timely as the aviation industry has returned to profitability and airlines are looking to add capacity," said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. “In the last three years, we successfully doubled the size of our fleet and have over 160 aircraft as of today. In the years ahead, we will continue to focus on sustainable organic growth by adding reliable and efficient aircraft.”
Including the latest purchase agreement, the company has now ordered 128 A320 Family aircraft directly from Airbus, of which 80 have been delivered. The lessor also has five A330-200F freighters on firm order for delivery from 2012.