BOC Aviation Announces Operational Data for the Second Quarter Ended 30 June 2018
China Aviation Daily | Jul. 11, 2018
BOC Aviation Limited announces its operational transactions for the second quarter ended 30 June 2018 and as at 30 June 2018:
Transactions Summary
- A portfolio of 324 owned and managed aircraft, with an average aircraft age of 3.0 years and an average remaining lease term of 8.3 years for owned aircraft fleet, weighted by net book value
- Order book of 163 aircraft(1)
- Took delivery of 15 aircraft (including one acquired by an airline customer on delivery)
- Signed 16 lease commitments
- Customer base of 88 airlines in 35 countries and regions in the owned and managed portfolios
- Sold ten owned and one managed aircraft
- Managed fleet comprised 29 aircraft
- The total number of aircraft delivered and scheduled to be delivered in 2018 is 58, all of which have been committed for lease and six of which have been or are expected to be acquired by airline customers on delivery
- Aircraft utilisation at 100%
Portfolio (as at 30 June 2018)
Aircraft Type | Owned Aircraft(2) | Managed Aircraft | Aircraft on Order(1) | Total |
Airbus A320CEO family | 130 | 11 | 3 | 144 |
Airbus A320NEO family | 12 | 0 | 58 | 70 |
Airbus A330CEO family | 12 | 6 | 0 | 18 |
Airbus A330NEO family | 0 | 0 | 2 | 2 |
Airbus A350 family | 6 | 0 | 0 | 6 |
Boeing 737NG family | 106 | 9 | 5 | 120 |
Boeing 737 MAX family | 2 | 0 | 82 | 84 |
Boeing 777-300ER | 21 | 1 | 0 | 22 |
Boeing 777-300 | 0 | 1 | 0 | 1 |
Boeing 787 family | 1 | 0 | 13 | 14 |
Freighters | 5 | 1 | 0 | 6 |
Total | 295 | 29 | 163 | 487 |
Notes:
(1).Includes all commitments to purchase aircraft including those where an airline customer has the right to acquire the relevant aircraft on delivery
(2).Includes one aircraft subject to finance lease
Certain airline customers have notified us of their intention to acquire on delivery a total of 14 of our aircraft on order (including five scheduled for delivery in the second half of 2018), comprising six Airbus A320NEO family aircraft, two Airbus A330NEO family aircraft and six Boeing 787 family aircraft.
Aircraft net book value by region(3) as at 30 June 2018
(3).Based on the jurisdiction of the primary obligor under the relevant operating leases. Includes aircraft held for sale and excludes one aircraft subject to finance lease
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.
Contributed by BOC Aviation