BOC Aviation has reported its operational transactions for the third quarter ended 30 September 2018. BOC Aviation had a total of 499 aircraft owned, managed and on order, with an average aircraft age of 3.1 years and an average remaining lease term of 8.2 years for the 294 owned aircraft fleet, weighted by net book value.
The company had an order book of 179 aircraft at the end of the third quarter and took delivery of 9 aircraft during this time, including one acquired by an airline customer on delivery and had signed 35 lease commitments. BOC Aviation’s managed fleet comprised of 26 aircraft.
The company had a customer base of 89 airlines in 34 countries and regions in the owned and managed portfolios.
The total number of aircraft delivered and scheduled to be delivered in 2018 is 52, 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. Six aircraft that were originally scheduled for delivery in 2018 have been deferred to 2019 as a result of manufacturer production delays.