BOC Aviation Reports 10 Aircraft Deliveries in First Quarter

Stock News
04/13

BOC Aviation (02588) announced that it achieved a strong start to the year, delivering a total of 10 aircraft during the first quarter. Managing Director and Chief Executive Officer Steven Townend stated that the company signed 20 lease commitments in the first three months, 19 of which involved new aircraft from its order book, reflecting robust market demand. The company maintained a 100% aircraft utilization rate and collection rate, while successfully raising $2.5 billion in the capital markets, increasing its liquidity to a record high. In a volatile market environment, this has enabled the company to remain focused on long-term sustainable growth.

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