Singapore: BOC Aviation orders 30 Airbus A320s

Singapore: BOC Aviation orders 30 Airbus A320s

BOC Aviation, the leasing subsidiary of Bank of China based in Singapore, announced Thursday an order for 30 Airbus A320 for an amount exceeding $ 3 billion at list prices, to meet growing demand.

Singapore BOC Aviation orders 30 Airbus A320s

BOC Aviation, the leasing subsidiary of Bank of China based in Singapore, announced Thursday an order for 30 Airbus A320 for an amount exceeding $ 3 billion at list prices, to meet growing demand.

This order placed in late December with the Airbus A320 has 18 equipped with new engines and 12 A320 using current engines, said the leasing company in a statement.

Priced at 2015 catalog, each re-engined A320 costs $ 106.2 million, while a standard A320 costs $ 97 million, according to the Airbus website. In total, the command BOC Aviation and reach $ 3.07 billion (2.84 billion euros).

“This order underlines the confidence that we keep in the reliability and operational efficiency of the A320 family of aircraft, and reflects the popularity of these devices among our customers for medium and long-haul flights,” said the general manager of BOC Aviation, Robert Martin.

“With this order, BOC Aviation is becoming one of the top 10 Airbus customers,” said for his part John Leahy, Airbus commercial director.

Last November, BOC Aviation had previously announced an order for 22 Boeing 737, for a total of $ 2.27 billion (2.10 billion euros) at list prices.

The 737 single-aisle aircraft, are popular among low-cost airlines, as well as the Airbus A320 family of Airbus, rival of Boeing.

BOC Aviation is as the first Asian company in commercial aircraft leasing, with 59 airline customers in 30 countries.

Credit: 20 Minutes

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