BOC Aviation to Buy Four New Boeing 787-9 Aircraft From Boeing
June 29 2017 - 8:51PM
Dow Jones News
By Joanne Chiu
BOC Aviation Ltd. (2588.HK) said Friday that it signed a deal to
buy four Boeing planes in an order valued at US$1.08 billion at
list prices.
BOC Aviation, the Hong Kong-listed aircraft leasing arm of Bank
of China Ltd., will buy four Boeing 787-9 jets from the U.S.
aircraft manufacturer. BOC Aviation didn't disclose the exact cost,
but customers typically get price concessions for aircraft
purchases.
The Hong Kong-listed aircraft lessor said the four aircraft will
be delivered in 2019, and that it plans to fund the purchase with
internal resources including cash on hand and bank borrowings.
Write to Joanne Chiu at joanne.chiu@wsj.com
(END) Dow Jones Newswires
June 29, 2017 20:36 ET (00:36 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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