Lessor BOC Aviation to buy 80 Airbus aircraft in its largest order (updated)

BOC Aviation

11/04/2022 12:15

(Adds share movement)
    April 11 (Reuters) - BOC Aviation  2588.HK  said on Monday
it plans to buy 80 Airbus  AIR.PA  A320neo family jets in what
is the aircraft-leasing firm's largest order.
    The order consists of 10 A321XLR aircraft, 50 A321neo
aircraft and 20 A320neo aircraft, and the delivery of the jets
is scheduled between 2027 and 2029.
    "This is the largest single order that we have ever placed
and it will bring our total Airbus aircraft purchased since
inception to 546," said Robert Martin, the chief executive of
BOC Aviation.
    Shares of the company closed down nearly 3% on Monday before
the announcement on the order.
    The Singapore-based aircraft lessor had entered a deal in
March to purchase 11 Boeing  BA.N  737 Max 8 aircraft, which are
scheduled to be delivered in 2023 and 2024.  urn:newsml:reuters.com:*:nFWN2V51PI
    
    

 (Reporting by Riya Sharma in Bengaluru; Editing by Aditya Soni)
 ((Riya.Sharma@thomsonreuters.com;))