During the second-quarter 2020, BOC Aviation had a total fleet of 571 aircraft owned, managed and on order . The average aircraft age was 3.5 years and the average remaining lease term was 8.5 years for the 334 owned aircraft fleet, weighted by net book value.
The company had an order book of 197 aircraft in the second quarter of 2020, took delivery of 13 aircraft and signed 38 lease commitments. The customer base consisted of 91 airlines in 40 countries and regions in the owned and managed portfolios.
BOC Aviation sold two owned aircraft in the second quarter of 2020. The managed fleet was comprised of 40 aircraft, with one narrowbody aircraft off lease. Owned aircraft utilization was 99.8%, with two narrowbody aircraft off lease.
