BOC Aviation

BOC Aviation has entered into a lease transaction with TUI Airways involving 14 Boeing 737-8 aircraft powered by CFM Leap 1B engines.

BOC Aviation has placed six new Airbus A321neo aircraft from its orderbook with Turkish Airlines, scheduled for delivery in 2027,

BOC Aviation has placed three Boeing 747-8 freighters with new customer Atlas Air and signed sale-and-leaseback deals for 15 new Airbus A320neos with Frontier.

Headquartered in Singapore, BOC Aviation is the largest lessor based in Asia Pacific.

The aircraft leasing industry rescued airlines during the pandemic. Now lessors are rewarded through high lease rates and fast-improving profits.

The Singapore-based lessor forecasts business conditions for the aircraft leasing industry will continue to be strong, particularly in the Asia-Pacific region.

The largest aircraft lessors could receive more than $2B by 2025 as insurance settlements from lost business and assets in Russia pay out faster than expected.

Demand for leased aircraft and very high lease rates will not go out of style soon, major lessors say, amid airline capacity needs and manufacturer output woes.

Lessor executives talk about financial strength and adaptiveness to market needs.

Tune in as Aviation Week Network speaks with BOC Aviation's retiring CEO Robert Martin and his successor, incoming chief executive Steven Townend.

Lessor BOC Aviation's Irish unit received the money for the detained Pobeda 737-800s under a settlement with Russian insurance company NSK.