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BOC aviation in second transaction with LION AIR.

New York (USAsian Network Business & Industry News) Mon, Apr 14, 2014 - BOC Aviation announced an agreement with PT Lion Mentari Airlines (aLion Aira) for four 737-800 aircraft and one 737-900ER for delivery this year and in 2015. This builds on the success of the November 2012 transaction for six Boeing 737-800 and three 737-900ER aircraft. The 737-900ER aircraft delivered to Lion Air were the first of the kind in the BOC Aviation fleet. aWith Indonesia being an important market for tourism and business travel, we are pleased to build on our strong relationship with Lion Air to support its growth strategy,a said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. aThe demand for short-haul regional routes remains robust, both within and outside of Indonesia,a said Rusdi Kirana, President-Director of Lion Air. aThis second transaction with BOC Aviation underscores the success of our strategy and our partnership with BOC Aviation in providing financing solutions for our B737NG aircraft delivery stream.a

BOC Aviation is the leading Asia-based aircraft leasing company with a portfolio of 238 modern aircraft operated by 55 airlines worldwide. The Company has one of the youngest fleets in the industry with an average owned aircraft age of less than four years. BOC Aviation is 100% owned by Bank of China.

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Publication:USAsian Network News & Business & Industry News
Date:Apr 21, 2014
Words:232
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