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BOC Aviation Limited — Earnings Release 2021
Oct 15, 2021
50694_rns_2021-10-15_10e460b8-efcc-4ba3-af50-ec26e161e1b8.pdf
Earnings Release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
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**BOC AVIATION LIMITED 中銀航空租賃有限公司 ***
(Incorporated in the Republic of Singapore with limited liability)
Stock Code: 2588
OPERATIONAL DATA FOR THE THIRD QUARTER ENDED 30 SEPTEMBER 2021
BOC Aviation Limited (the “ Company ”) announces its operational transactions for the third quarter ended 30 September 2021 and as at 30 September 2021:
Transactions Summary
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A total fleet of 533 aircraft owned, managed and on order[1]
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An average aircraft age of 3.8 years and an average remaining lease term of 8.2 years for the 383 owned aircraft fleet, weighted by net book value
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Order book of 113 aircraft[1]
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Executed a total of 38 transactions in the third quarter of 2021:
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Took delivery of nine aircraft (including one acquired by an airline customer on delivery)
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Sold two owned aircraft
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Signed 27 lease commitments
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Customer base of 88 airlines in 38 countries and regions in the owned and managed portfolios
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Managed fleet comprised 37 aircraft, with one single aisle aircraft off lease
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Owned aircraft utilisation at 99.0%, with two single aisle and six twin aisle aircraft off lease. Signed leases are now in place for all six twin aisle aircraft
- For identification purpose only
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Portfolio as at 30 September 2021
| Aircraft TypeAirbus A320CEO familyAirbus A320NEO familyAirbus A330CEO familyAirbus A330NEO familyAirbus A350 familyBoeing 737NG familyBoeing 737 MAX familyBoeing 777-300ERBoeing 777-300Boeing 787 familyFreightersTotal | OwnedAircraft1078512697440240215383 | ManagedAircraft150100140411137 | Aircrafton Order104400004530210113 | Total12212913698885311436 |
|---|---|---|---|---|
| 533 |
Note:
- Includes all commitments to purchase aircraft including those where an airline customer has the right to acquire the relevant aircraft on delivery
Shareholders and potential investors are reminded that the above operational data are based on the Company’s records and have not been audited or reviewed by the Company’s auditors.
By Order of the Board BOC Aviation Limited Zhang Yanqiu Juliana Company Secretary
Hong Kong, 15 October 2021
As at the date of this announcement, the Board of Directors of the Company comprises Mr. Chen Huaiyu as Chairman and Non-executive Director, Mdm. Zhang Xiaolu and Mr. Robert James Martin as Executive Directors, Mr. Liu Chenggang, Mr. Wang Xiao, Mdm. Wei Hanguang and Mdm. Zhu Lin as Non-executive Directors and Mr. Dai Deming, Mr. Fu Shula, Mr. Antony Nigel Tyler and Dr. Yeung Yin Bernard as Independent Non-executive Directors.
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