BOC Aviation: Unit Agrees to Buy Six New Aircraft From Airbus
26 May 2017 - 11:25AM
Dow Jones News
By Saurabh Chaturvedi
A unit of BOC Aviation Ltd. (2588.HK) agreed to buy six new
aircraft from the Airbus, in an effort to boost its core aircraft
leasing business.
The subsidiary of BOC Aviation (Cayman) Ltd. has entered into an
agreement with Airbus to buy two new A320neo aircraft, two new
A321neo aircraft and two new A330-900 planes, the Hong Kong-listed
company said in a stock exchange filing on Friday.
The list price of the aircraft is approximately US$1.05 billion.
But "there is a significant difference between the list price of
the aircraft and the actual purchase price of the aircraft under
the agreement," it said.
Write to Saurabh Chaturvedi at saurabh.chaturvedi@wsj.com
(END) Dow Jones Newswires
May 25, 2017 21:10 ET (01:10 GMT)
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