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Largest order ever for BOC Aviation – a round-up of the week’s news

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Largest order ever for BOC Aviation – a round-up of the week’s news

Last week, BOC Aviation announced its largest ever order with a firm deal for 80 A320neo family aircraft - comprising 10 A321XLR, 50 A321neo and 20 A320neo. The latest agreement takes BOC Aviation’s total direct orders with Airbus to 453 aircraft from the single aisle A320 Family to the A330 and A350 widebodies.

“We are proud to continue our long-standing relationship with Airbus, with whom we have partnered for more than 26 years,” said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. “This is the largest single order that we have ever placed and it will bring our total Airbus aircraft purchased since inception to 546. It underscores our continued confidence in the A320neo family for its reliability and operational efficiency and reflects the popularity of the aircraft amongst our airline customers. We look forward to continuously providing our customers with such fuel-efficient and technologically advanced aircraft solutions.”

“Airbus thanks BOC Aviation for its unwavering trust and endorsement of the A320neo Family with its single largest order ever placed,” said Christian Scherer Airbus Chief Commercial Officer and Head of Airbus International. “This significant long term order for 80 additional aircraft is a great testimony of the sustained value of our Single Aisle products by one of the world’s leading lessors, BOC Aviation. We salute its vision and foresight in securing future delivery positions of these most desirable assets in the single aisle segment now and in the longer run.”

The orders didn’t stop there, with Air France converting a previous LOI for four A350F aircraft into a firm order with additional purchase rights for a further four aircraft. The aircraft will be operated by Air France and be based at Paris-Charles de Gaulle airport, increasing Air France’s cargo capacity, which currently consists of two Boeing 777F, supplementing the belly capacity of the airline’s 100+ wide-body passenger aircraft. Air France-KLM will be among the launch operators of the A350F full freighter.

The order comes with full substitution rights to Airbus A350 passenger aircraft, which constitute the new flagship of Air France’s long-haul fleet. The airline currently operates 15 of the 38 aircraft of the type on order.

“This order embodies Air France-KLM’s determination to strengthen its position on the buoyant cargo business,” said Benjamin Smith, CEO of Air France-KLM. “The Airbus A350 passenger version has been instrumental to the improvement of our economic and environmental performance, while proving to be a passenger’s favourite. We are thrilled to be among the launch customers of its freighter version, which will significantly increase our capacity and give us the means to continue to provide the best service to our customers around the world.”

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