BOC Aviation reported a strong start to 2026, delivering 10 aircraft and signing 20 lease commitments in
the first quarter, reflecting continued demand for new aircraft.
The Singapore-based lessor, BOC Aviation, said 19 of the lease agreements were for new aircraft from its orderbook, underlining sustained appetite from airlines despite a volatile market environment. Total transactions during the period reached 36, including aircraft deliveries, sales and a commitment to purchase an engine.
BOC Aviation maintained a 100% utilisation rate across its owned fleet, while its portfolio stood at 813 aircraft and engines owned, managed and on order. Its owned fleet of 461 aircraft had an average age of 5.1 years and an average remaining lease term of 7.7 years, with customers spanning 88 airlines across 46 countries and regions.
The company also strengthened its financial position, raising $2.5 billion in debt during the quarter, including $500 million of seven-year bonds at a 4.375% coupon and $2 billion in loan facilities from 19 banks. It said the funding lifted liquidity to record levels, supporting its long-term growth strategy.