BOC Aviation signs lease deal with JetBlue

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BOC Aviation
(IMAGE: Airbus)

MROEBOC Aviation Limited announced that it has entered into a finance lease transaction involving two Airbus A321NEO aircraft and five A220-300 aircraft with JetBlue Airways Corporation (JetBlue). Both aircraft models are powered by Pratt & Whitney GTF engines.

“This finance lease transaction builds on the long-term relationship that we have enjoyed with JetBlue, one of the United States’ most highly regarded airlines,” said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. “It is also another example of how we are building our balance sheet by deploying capital into latest technology aircraft, using financing structures beyond our traditional operating lease product.”

“We’re pleased to strengthen our relationship with BOC Aviation by entering into these attractive finance lease transactions for our next generation, fuel-efficient aircraft,” said Ursula Hurley, Chief Financial Officer, JetBlue.

BOC Aviation is a leading global aircraft operating leasing company with a fleet of 635 aircraft owned, managed and on order. Its owned and managed fleet was leased to 86 airlines in 39 countries and regions worldwide as at 31 March 2023. BOC Aviation is listed on the Hong Kong Stock Exchange (HKEx code: 2588) and has its headquarters in Singapore with offices in Dublin, London, New York and Tianjin.

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