BOC Aviation to buy 17 Airbus aircraft worth $2.2 billion

HONG KONG (Reuters) – BOC Aviation Ltd (2588.HK) said on Monday it would buy 17 new Airbus (AIR.PA) A320NEO and A321NEO aircraft worth a combined $2.2 billion at list prices.

The company logo of BOC Aviation is displayed during a news conference ahead of its listing in Hong Kong, China May 18, 2016. REUTERS/Bobby Yip

Asia’s second-biggest aircraft lessor, which had 487 aircraft as at June 30, said it expected to take delivery of the aircraft in 2020 and 2021.

The Singapore-based company, which is majority-owned by Bank of China (601988.SS), had in June agreed to buy 5 Airbus aircraft worth a combined $553 million at list prices for delivery in 2018 and 2019.

Reporting by Donny Kwok; Editing by Stephen Coates

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