BOC Aviation Signs Lease Agreement With Avianca For Nine Airbus A320neo Aircaft

BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has entered into an agreement with Airbus S.A.S (“Airbus”) to purchase nine Airbus A320NEO aircraft and has committed those aircraft on long-term leases to Aerovías del Continente Americano S.A. Avianca (“Avianca”). All aircraft will be powered by CFM LEAP-1A engines and are scheduled to deliver in 2027.

“We are pleased to be working again with Avianca as it expands its network in the rapidly growing Latin American markets,” said Steven Townend, Chief Executive Officer and Managing Director, BOC Aviation. “These deliveries position us well for incremental future growth as we continue to expand our industry-leading latest generation fleet.”

“We are pleased to reaffirm our strategic relationship with BOC Aviation through this agreement. This transaction supports our fleet renewal strategy and our commitment to operating modern, fuel-efficient aircraft” said Francisco Raddatz, Chief Procurement Officer, ABRA Group.