| Indicator | Information |
|---|---|
| Full Name | BOC Aviation Limited |
| Headquarters | Singapore |
| Founded | 1993 (formerly known as Singapore Aircraft Leasing Enterprise Pte. Ltd.) |
| CEO | Steven Townend |
| Number of Employees | Around 200 (as of 2023) |
| Industry | Aircraft leasing (aviation leasing) |
| Stock Ticker (HKEx) | 2588 |
| Official Website | www.bocaviation.com |
🌍 What Does BOC Aviation Do?
BOC Aviation is one of the largest aircraft leasing companies in Asia. Their core business includes:
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Long-term leasing of aircraft to airlines;
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Aircraft management and technical services;
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Purchasing and selling new aircraft and engines.
Clients:
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Over 92 airlines across 48 countries worldwide;
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Notable clients include Emirates, Turkish Airlines, Air India, Uzbekistan Airways, and others.
🛫 Fleet Overview
As of the end of 2024:
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Total fleet (owned, managed, and on order): 709 aircraft and engines;
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New aircraft on order: 232;
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Average fleet age: 5.0 years;
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Average remaining lease term: 7.9 years;
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Aircraft utilization rate: 99%.
📈 Financial Highlights (2024)
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Total assets: approx. $25.1 billion;
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Net profit: $924 million;
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Return on equity (ROE): 15.3%;
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Annual revenue (2022 data): $2.3 billion.
📦 New Orders & Future Plans
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In March 2025, BOC Aviation placed orders for 120 new aircraft from Airbus and Boeing (70 Airbus A320NEO and 50 Boeing 737-8);
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Plans to expand its fleet to 1,000 aircraft by 2030.
🤝 Partnership with Uzbekistan
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In June 2023, BOC Aviation delivered a new Airbus A320NEO to Uzbekistan Airways under a leasing agreement.