Singapore's BOC Aviation orders 30 Airbus jets worth $3 billion

SINGAPORE : Singapore-based aircraft leasing firm BOC Aviation said on Thursday it has ordered 30 Airbus A320s worth more than $3 billion at list prices to meet growing demand.

The order comprises 18 A320s equipped with new engines and 12 A320s using the current engines, the company said in a statement.

At 2015 catalogue prices, each re-engined A320 costs $106.2 million and a standard A320 is worth $97 million, this would constitute a total catalogue cost of $3.07 billion, according to the Airbus website.

BOC Aviation chief executive Robert Martin said this order underscores our continued confidence in the reliability and operational efficiency of the A320 family aircraft, and reflects its popularity among our customers for short and medium haul routes.

“With this order, BOC Aviation becomes one of the Airbus’ top 10 customers,” added Chief operating office Airbus for customers John Leahy.

Agencies

 

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