中银航空租赁(2588.HK):4Q25:机队规模持续扩张

华泰证券
Jan 14

中银航空租赁(BOCA)披露了4Q25 运营数据。自有飞机数量环比提升9架,同比提升16 架,达到451 架。四季度公司交付的飞机数量达到16 架,同时出售了8 架飞机(7 架自有+1 架代管)。资产端,机队规模的增长显示公司仍然在稳步扩张,背后的驱动力是上游波音和空客的产能正在逐步修复。根据空客披露的交付数据和Forecast International 的估计数据,12 月波音和空客可能合计...

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