BOC Aviation announces its operational transactions for the second quarter ended 30 June 2025. Read the full press release here – https://xmrrwallet.com/cmx.plnkd.in/gDwC5iCJ #BOCAviation #Aicraftleasing #Aviation
About us
BOC Aviation is a top tier global aircraft operating leasing company with industry leading financial metrics. Our core business model is focused on purchasing new, fuel-efficient, in-demand aircraft at competitive prices directly from aircraft manufacturers, financing those aircraft purchases efficiently, placing our aircraft on long-term operating leases with a globally diversified customer base and selling our aircraft to maintain a young fleet, to mitigate risks in our aircraft portfolio and to generate gains on sale, as well as reinvesting the sale proceeds in new aircraft investments. We provide comprehensive aircraft remarketing and technical management services to airlines, banks and other investors and have introduced finance leases for aircraft and engines. Our portfolio of owned aircraft has an average age of less than five years, weighted by net book value, making it one of the youngest in the aircraft operating lease industry. We have long-term contracted cash flows, with a weighted average remaining lease term on the owned portfolio of around eight years. We benefit from a low average cost of funds, supported by our strong credit ratings (A- from both Standard & Poor’s and Fitch) and a diversified range of funding sources. We also enjoy strong and committed support from our controlling shareholder, Bank of China. BOC Aviation is listed on the Hong Kong Stock Exchange (HKEx code: 2588) and has its headquarters in Singapore with offices in Dublin, London, New York and Tianjin.
- Website
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http://xmrrwallet.com/cmx.pwww.bocaviation.com
External link for BOC Aviation
- Industry
- Airlines and Aviation
- Company size
- 51-200 employees
- Headquarters
- Singapore
- Type
- Public Company
- Founded
- 1993
Locations
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Primary
79 Robinson Road
#15-01
Singapore, 068897, SG
Employees at BOC Aviation
Updates
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This June, our teams across Dublin, London, New York, and Tianjin took part in meaningful CSR initiatives, giving back to the communities where we live and work. In Dublin, colleagues volunteered at Enable Ireland Sandymount School, helping with gardening efforts to support this co-educational special school. In London, the team collected and donated professional workwear to Smart Works Charity, a UK charity that empowers unemployed women to re-enter the workforce. In New York, colleagues participated in the JP Morgan Corporate Challenge, which supports the Central Park Conservancy, helping maintain one of the city’s most iconic green spaces. And in Tianjin, our team supported the city’s sustainable transport goals by relocating over 80 misplaced shared bicycles to five designated parking zones. #BOCAviation #Aircraftleasing #CSR #EnableIreland #SmartWorks #JPMCC #CorporateResponsibility
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BOC Aviation has appointed Yogesh Farswani as Head of OEM Strategy and Procurement with effect from 1 July 2025. In his new role, he will assume responsibility for the Procurement department, in addition to existing responsibilities for engines, encompassing aircraft and engine procurement as well as our wider OEM engagement activities. He will continue to report to Chief Operating Officer, Tom Chandler. Yogesh assumes these new additional responsibilities from Alistair Greig, who retires on 30 June 2025. “Our heartfelt appreciation goes to Alistair for his 22 years of dedication to growing our fleet, which now exceeds 800 owned, managed and on order aircraft. With over 29 years of experience in the aviation industry, Yogesh will continue to drive portfolio growth and enhance our key relationships with the OEMs,” said Steven Townend, Chief Executive Officer and Managing Director. “As we enter a new phase of fleet expansion, Yogesh’s experience will ensure that we continue to achieve our growth ambitions.” Read the press release here - https://xmrrwallet.com/cmx.plnkd.in/g8A6gqDR #BOCAviation #Aircraftleasing #Leadership
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BOC Aviation CEO and Managing Director Steven Townend spoke at the MUFG 2025 Global Aviation Conference on the sidelines of the 2025 International Paris Air Show. Discussion topics included opportunities across asset types and client segments, the outlook for lease rates and residual values, effective funding channels as well as growth strategies for BOC Aviation. Steven was joined on the Lessor CEO panel by Tom Baker, CEO and President of Aviation Capital Group (ACG), and Andy Cronin, CEO, Avolon. The panel was moderated by MUFG’s Tommaso Da Pozzo. #BOCAviation #Aircraftleasing #Aviation #Leadershipviews
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BOC Aviation has entered into an agreement with Airbus to purchase nine Airbus A320NEO aircraft and has committed those aircraft on long-term leases to avianca. All aircraft will be powered by CFM International (CFM) LEAP-1A engines and are scheduled to deliver in 2027. “We are pleased to be working again with Avianca as it expands its network in the rapidly growing Latin American markets,” said Steven Townend, Chief Executive Officer and Managing Director, BOC Aviation. “These deliveries position us well for incremental future growth as we continue to expand our industry-leading latest generation fleet.” Read the press release here: https://xmrrwallet.com/cmx.plnkd.in/gKqRn7RP #BOCAviation #Aircraftleasing #aviation
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We are excited to once again be part of the IATA AGM, and look forward to meeting customers and partners, both new and old, in New Delhi. #BOCAviation #Aircraftleasing #Aviation #leadership
Aviation leaders from around the world are gathering in New Delhi, India for the 81st #IATAAGM, taking place from 1–3 June. IndiGo (InterGlobe Aviation Ltd) is the host airline of the event, which was last held in India in 1983. Some 1,700 participants are registered to attend, including industry leaders, government officials and media. “We are excited to bring the IATA AGM to India after a 42-year gap. India’s place in global aviation has changed dramatically, particularly over the last decade. The country has seen record aircraft orders, impressive growth, and world class infrastructure developments. The AGM will allow aviation leaders and journalists from around the world to witness first-hand how India’s rapidly modernizing and expanding aviation sector is contributing to the country’s overall economic and social development,” said Willie Walsh, IATA’s Director General. For more details👇 https://xmrrwallet.com/cmx.pbit.ly/4muGlXo #aviation #leadership #India
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BOC Aviation’s senior management gathered in Hong Kong for the Company’s investor day earlier this week. CEO Steven Townend reiterated the Company’s 2035 vision – to be a US$50 billion Company. Guest speaker, Darren Hulst, Boeing’s VP Commercial Marketing, provided a commercial market update, emphasising the importance of lessors as partners to Boeing, with the top 20% of lessors managing 80% of the global leased fleet. Tom Chandler, COO, demonstrated how the Company is building its orderbook despite supply chain challenges, and how the application of enhanced asset management techniques is driving high aircraft utilisation. Paul Kent, CCO, detailed the strategy behind the Company’s product development and positioning, ensuring a broad product range to meet airlines requirements at any point of the industry cycle. Head of Treasury, Mui Sin Chan, reminded the audience that BOC Aviation has the highest credit ratings amongst aircraft operating lessors, and took the audience through BOC Aviation’s funding strategy, which takes a comprehensive approach to funding and liability management. Thank you to our banks and investors for joining us at the session. #BOCAviation #Aircraftleasing #Aviation
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BOC Aviation has entered into an agreement with Airbus to purchase nine new Airbus aircraft, comprising six A320NEO and three A321NEO aircraft, and has committed those aircraft on long term leases to new customer Gulf Air. All aircraft will be powered by CFM LEAP-1A engines and are scheduled for delivery from 2025. “As a global aircraft operating leasing company, we are proud to add Gulf Air as our customer,” said Steven Townend, Chief Executive Officer and Managing Director, BOC Aviation. “This transaction provides Gulf Air with nine technologically advanced aircraft that will deliver over a period of three years to support its fleet growth and demonstrates our ability to meet our customers’ financing needs.” Read the press release here: https://xmrrwallet.com/cmx.plnkd.in/gcw4dFG3 #BOCAviation #Aircraftleasing #Aviation
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At BOC Aviation, we believe that meaningful impact starts from within and we are proud of our employees who are supporting our community through purposeful action. Over 120 pre-loved books were donated in support of #DignityMama – a social enterprise that empowers young adults with disabilities and their caregivers the by equipping them with entrepreneurial skills to manage second-hand bookstores. This May, 60 of our Singapore-based employees volunteered their time at Willing Hearts and Food from the Heart, preparing meals and packing of essential food items for underprivileged families. These collective efforts reflect our commitment to social responsibility. A heartfelt thank you to our employees for their generosity, teamwork and compassion. #BOCAviation #SocialImpact #DignityMama #CorporateResponsibility #CSR
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When Fong Li Ling and Michelle Tan reached their 25th anniversary with BOC Aviation, they received a pleasant surprise. The Company whisked them off on a flight from Singapore to Boeing's facility in Seattle for an exclusive behind-the-scenes tour of the facilities and the preparation of BOC Aviation’s own aircraft for delivery to a customer. Thank you to both of them for their dedication over the last 25 years, we look forward to celebrating many more milestones with our colleagues! #BOCAviation #Aircraftleasing #Aviation
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