BOC Aviation has posted its operational transactions for the full year 2020, ended December 31, 2020.
At the end of 2020, BOC Aviation owned, managed and had on order a total fleet of 553 aircraft. The average aircraft age was 3.5 years and the average remaining lease term was 8.6 years for the 358 owned aircraft fleet, weighted by net book value. The company had an order book of 155 aircraft at the end of the year 2020.
BOC Aviation took delivery of 25 aircraft in the fourth quarter of 2020, and 54 in 2020 (including one acquired by an airline customer on delivery). The company signed 12 lease commitments and extensions in the fourth quarter of 2020, bringing the total for 2020 to 102. BOC Aviation sold two owned aircraft in the fourth quarter of 2020, which brought the total number of owned aircraft sold during the year to 12.