BOC Aviation has released new data showing that it executed a total of 34 transactions in the third quarter of 2025.
The Hong Kong-listed firm said this includes delivery of 11 aircraft, sales of 10 owned aircraft, and commitments to purchase three aircraft.
During the third quarter, BOC Aviation also raised $500 million of 5.5-year bonds at a coupon of 4.25% per annum.
At 58 basis points above 5-year US Treasury, the company said this was the tightest bond spread it has ever offered.
BOC Aviation’s third-quarter performance brings its total portfolio to 812 aircraft and engines owned, managed, or on order. Owned aircraft utilisation remains at 100%.
The company’s average aircraft age is 5.0 years, and its average remaining lease term is 7.8 years for the 442 owned aircraft fleet.
Its managed fleet is comprised of 17 aircraft, following the company’s resignation from its servicer obligations for 15 aircraft.
Its order book consists of 343 aircraft, and its customer base is now made up of 88 airlines in 46 countries and territories across the owned and managed portfolios.
BOC Aviation is a subsidiary of Bank of China. It is headquartered in Singapore and has offices in Dublin, London, New York, and Tianjin.