BOC Aviation Limited has released its operational results for Q3 2025, ended September 30, 2025. The figures reflect steady progress and continued strength across the company’s core activities. BOC Aviation remains well positioned in the global leasing market, supported by a disciplined approach to fleet management and funding.
At the end of Q3, the company held a total portfolio of 812 aircraft and engines, including owned, managed, and on-order assets. The owned fleet consisted of 442 aircraft with an average age of five years and an average remaining lease term of 7.8 years, showing the company’s focus on maintaining a modern and efficient fleet. The managed fleet stood at 17 aircraft after BOC Aviation stepped down from servicing 15 aircraft. Its order book reached 343 aircraft, reflecting confidence in long-term market demand.
The company’s customer base covered 88 airlines across 46 countries and regions, providing strong diversification and global reach. All owned aircraft remained fully utilised during the quarter, demonstrating both robust demand and effective asset management.
In total, BOC Aviation executed 34 transactions during Q3 2025. These included commitments to purchase three aircraft, the delivery of 11 aircraft, the sale of ten owned aircraft and ten new lease commitments. This activity reflected the company’s disciplined and flexible approach to portfolio development.
BOC Aviation also strengthened its funding base by issuing US$500 million in 5.5-year bonds. The bonds carried a coupon rate of 4.25% per annum, or 58 basis points above the five-year US Treasury yield. The issue was well received, confirming investor confidence in the company’s financial stability and credit quality.
Overall, Q3 results underscored BOC Aviation’s operational strength, prudent capital management, and resilience within an evolving global aviation industry.
