Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

BOC Aviation to buy eight Airbus A330neo jets, lease to Indonesia's Lion Air

Published 08/23/2018, 06:41 AM
Updated 08/23/2018, 06:50 AM
© Reuters. An Airbus A330neo commercial passenger aircraft takes off in Colomiers near Toulouse
AIR
-
AIRX
-
2588
-

(Reuters) - BOC Aviation Ltd (HK:2588), Asia's second-biggest aircraft lessor, said on Thursday it will buy eight A330neo jets from Airbus SE (PA:AIR) at a list price of $2.4 billion.

BOC Aviation will lease the aircraft to Jakarta-based Lion Air Group, with deliveries scheduled for 2019 and 2020. Lion Air has the option to buy four of the aircraft on delivery.

The fresh order comes after the largest customer for the Airbus A330neo, AirAsia X (KL:AIRX), last month expanded an order by 34 jets to 100, helping to ease doubts over the model's relatively slow sales.

It was not clear whether the order had been logged already in the Airbus order book without the customer being identified.

© Reuters. An Airbus A330neo commercial passenger aircraft takes off in Colomiers near Toulouse

Airbus was not immediately available for comment.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.