David Dundas
Editor Daily News
Posted:
16-07-2025
Share
BOC Aviation has released its operational update for the second quarter (Q2) ending June 30, 2025, reporting a period of steady growth, high utilisation, and strong transactional momentum across its global fleet.
As of the end of the quarter, the company's portfolio comprised a total of 834 aircraft and engines, including those owned, managed and on order. The owned fleet of 441 aircraft maintained an average age of just 5.0 years and an average remaining lease term of 7.9 years, reflecting the company's commitment to operating a young and efficient fleet. The managed fleet consisted of 32 aircraft, while the order book stood at 351 aircraft.
BOC Aviation continued to demonstrate its global reach, serving 92 airline customers across 45 countries and regions. Impressively, the company reported 100% utilisation of its owned aircraft throughout the second quarter, highlighting strong demand and effective fleet deployment.
During the quarter, BOC Aviation completed 75 individual transactions. These included commitments to purchase 18 aircraft and one engine, the delivery of 13 aircraft and one engine, and the sale of 14 owned aircraft. Notably, for the first half of 2025, the company sold a total of 18 aircraft with an average age of 10.4 years, slightly above the 15 aircraft sold in the same period in 2024, which had an average age of 10.0 years. Additionally, 27 lease commitments were signed during the quarter.
In terms of financing, BOC Aviation successfully closed its largest-ever five-year term loan facility, securing US$1.5 billion through the participation of 21 banks worldwide. This underscores the company's solid financial position and continued access to global capital markets.