BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has agreed to purchase and leaseback three Airbus A350-1000 aircraft to existing customer Qatar Airways (“Qatar”) on long-term operating leases. All aircraft have been delivered to Qatar and are powered by Rolls Royce Trent XWB-97 engines.
“We are pleased to be financing our first A350-1000 aircraft for Qatar and continuing a partnership that has been built over many years and continues to thrive across all market conditions,” said Steven Townend, Chief Executive Officer and Managing Director, BOC Aviation. “We deliberately strengthened our liquidity position earlier this year with transactions of this quality in mind and we are delighted to deploy that capacity in support of one of our largest and most valued customers.”