BOC Aviation Limited has announced a new contract involving the purchase of nine Airbus A320NEO aircraft from Airbus S.A.S., with delivery scheduled for 2027. This transaction includes long-term leases with Aerovías del Continente Americano S.A. Avianca for the aircraft. The deal is part of the company's ordinary business operations and is considered a Qualified Aircraft Leasing Activity, exempting it from certain announcement and shareholder approval requirements. BOC Aviation, a leading global aircraft leasing company, confirmed that the transaction terms are fair, reasonable, and beneficial for the company and its shareholders.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.