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A BOC Aviation A320neo mock-up design (Photo: Airbus)

Aircraft Lessor BOC Aviation Places Firm Order for 20 A320neos

Airbus announced this week that Singapore-based lessor BOC Aviation placed a firm order for 20 A320neo aircraft. As of September 2019, BOC owns 309 aircraft. Of those, 37 are A320neos. 

The company also owns 121 A320ceos. In addition to the 309 aircraft owned by BOC, they also manage 36 aircraft and have another 164 on order.

Christian Scherer, Chief Commercial Officer at Airbus, noted the aircraft manufacturer’s appreciation for BOC’s continued business in an announcement: “We congratulate our long time partners at BOC Aviation and thank them for their expanding commitment to the A320neo Family and Airbus products in general.”

According to BOC, up to 12, but no less than 10 of the 20 A320neos in this order, will be leased to Avianca Airlines of Colombia, which currently has a fleet of 176 aircraft.  At 68 aircraft, the A320 is the largest member of the Colombian carrier’s fleet by quantity.  Of the 68 A320s operated by Avianca, seven are A320neos. 

Originally founded in 1993, BOC Aviation has leased aircraft to 92 airlines in 40 countries. Services offered by BOC Aviation to its customers include direct operating leases, sale and leaseback facilities and third-party asset management. 

Jordan Green
Jordan Green
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