Scoot, the low-cost subsidiary of Singapore Airlines, has become a new operator of the Airbus A321neo, following the arrival in Singapore of its first three aircraft. All three aircraft are leased from BOC Aviation. Scoot’s A321neo aircraft are powered by…
Despite a “challenging environment”, lessor BOC Aviation is pleased with the outcome of 2020. In a weak market in which the Covid-crisis dictated events, the subsidiary of Bank of China still succeeded in arranging more lease commitments for the whole…
The last of the Big Three in the US – United – reported its Q1 2020 results just a little after American on April 30. United ended the first quarter with a $-1.7 billion net loss, down from a 292…
Leasing of aircraft has taken a jump. Yet airlines prefer to buy them outright too. Richard Schuurman looks at the trends. Over the half a century of airliner leasing it has been a booming business. “In 1970 a half of…
On March 13th, Bank of China Aviation made an announcement that it had selected IAE V2500 engines for an order for 12 A320s. We decided to look into this engine selection and evaluated this growing lessors A320 family engine selection…
Boeing announced an order from BOC Aviation for 50 737 MAX 8s, 30 737-800NGs and two 777-300ERs. The order is valued at $8.8bn at list prices. This is the largest in BOC Aviation’s 20-year history. “Following the successful placement of…