BOC Aviation Leasing Co., Ltd. announced that it has confirmed the purchase of 80 Airbus A320neo series jets, which are expected to be delivered from 2027 to 2029.
This big order includes 50 A32 1neo, 20 A320neo and 10 A32 1XLR. BOC Aviation Leasing is a wholly-owned subsidiary of Bank of China, headquartered in Singapore.
BOC Aviation Leasing is the largest aircraft leasing company in Asia.
The company's main customers are airlines and aircraft investors, and its main business includes operating lease, repurchase lease and third-party asset management services. The company's business model is to collect rental fees by buying aircraft from aircraft manufacturers (Boeing, Airbus, etc.). ) and leased to customers such as airlines.
BOC Aviation Leasing, formerly known as Singapore Aircraft Leasing Company (S.A.L.E), was established in June 1993 1 1. This is a peer-to-peer joint venture established by Singapore Airlines and a leasing company in the United States.