BOC Aviation Limited — Earnings Release 2021

Aug 4, 2021

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 SECOND QUARTER ENDED 30 JUNE 2021

BOC Aviation Limited (the “ Company ”) announces its operational transactions for the quarter ended 30 June 2021 and as at 30 June 2021:

Transactions Summary

• A total fleet of 536 aircraft owned, managed and on order[1]

• An average aircraft age of 3.7 years and an average remaining lease term of 8.1 years for the 377 owned aircraft fleet, weighted by net book value

• Order book of 122 aircraft[1]

• Executed a total of 35 transactions in the second quarter of 2021:

  • Took delivery of 17 aircraft (including three acquired by airline customers on delivery)

  • Sold three owned and two managed aircraft

  • Signed 13 lease commitments

• Customer base of 87 airlines in 38 countries and regions in the owned and managed portfolios

• Managed fleet comprised 37 aircraft, with two single aisle aircraft off lease

• Owned aircraft utilisation at 99.6%, 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 June 2021

			Owned	Managed	Aircraft
	Aircraft Type		Aircraft	Aircraft	on Order1	Total
	Airbus A320CEO familyAirbus A320NEO familyAirbus A330CEO familyAirbus A330NEO family		10879124	15010	05102	123130136
	Airbus A350 familyBoeing 737NG familyBoeing 737 MAX familyBoeing 777-300ER		9754024	01404	00453	9898531
	Boeing 777-300		0	1	0	1
	Boeing 787 family		21	1	21	43
	Freighters		5	1	0	6
	Total		377	37	122	536

Notes:

1. 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, 4 August 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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