BOC Aviation Leasing Co., Ltd. announced two important milestones: since its establishment, it has signed 1000 lease commitments and promised to buy more than 900 aircraft.
Robert Martin, general manager and CEO of BOC aviation leasing, said: “In the 27th year of the company’s operation, we are very proud of these two achievements. This proves the company’s long and successful business history. These two milestones reflect our prudent investment and counter cyclical strategy. We buy aircraft at competitive prices and rent them on long leases, resulting in long-term sustainable returns. So far, we have achieved long-term sustainable returns , we have committed to purchase more than 900 aircraft and signed more than 1000 lease commitments with more than 160 airlines in 57 countries and regions. “
Steven Townsend, chief commercial officer, added: “Thanks to the efforts of the company’s leasing and sales department, the current average age of our own fleet is only 3.4 years, and the average remaining lease term is as long as 8.5 years. BOC aviation leasing continues to maintain its role as an important long-term participant in the industry. We thank all stakeholders for their support for more than a quarter of a century, and we will continue to work with our customers and other businesses Working closely with partners. “
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