BOC Aviation Orders 20 Airbus A320neos

BOC Aviation, a Singapore-based lessor, has placed a firm order with Airbus for 20 A320neo aircraft.

A minimum of ten and up to twelve of the A320neo aircraft have been committed for lease to Avianca based in Bogota, Colombia.

“We are pleased that BOC Aviation is further expanding its already large A320neo position with this innovative transaction with Avianca, illustrating the beneficial role large aircraft lessors play in modern aviation finance,” said Christian Scherer, Airbus Chief Commercial Officer.

With a fleet of 175 aircraft, Avianca currently serves 76 destinations in 27 countries within the Americas and Europe.

The company has more than 21,000 employees, earned US$4.8 billion in 2018 and transported 30.5 million passengers.

“We are thrilled to welcome Avianca as a new customer, and we congratulate the airline on its 100th anniversary,” said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. “This addition of 20 new Airbus A320neo aircraft reflects our disciplined investment strategy of building our portfolio with popular and in-demand new technology aircraft that provide reliability and operational efficiency. With this order, this brings our total Airbus aircraft purchased since inception to 470 aircraft. We are proud to continue building on our long-standing relationship with Airbus.”

See latest Travel News, Interviews, Podcasts and other news regarding: BOC Aviation, Avianca, Airbus, Columbia.