BOC Aviation purchases eight A330neos for lease to Lion Air Group
BOC Aviation announced on August 23, 2018, that it has purchased eight new Airbus A330neo family aircraft from the manufacturer. All eight aircraft are scheduled for delivery to Lion Air Group of airlines (“Lion Air Group”) in 2019 and 2020, and Lion Air will have the option to acquire four of the aircraft at delivery.
“This transaction takes the number of Airbus A330neo family aircraft in our orderbook to 10, with all of these scheduled for delivery between now and the end of 2020 to airline customers,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation.
Lion Air Group comprises five airlines in three countries: Lion Air, Wings Air and Batik Air in Indonesia, Malindo Air in Malaysia and Thai Lion Air in Thailand, all ICAO certified. As of December 31, 2017, total fleet numbered of the carriers combined was of 299 aircraft.
BOC Aviation, headquartered in Singapore, is an aircraft operating leasing company with a fleet of 487 aircraft owned, managed and on order.
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