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Singapore-based BOC Aviation orders 80 Airbus planes

PARIS (AFP) – Singapore-based BOC Aviation has ordered 80 A320neo family planes from Airbus, the European manufacturer said yesterday, a contract estimated on paper to be worth nearly USD10 billion.

“Global aircraft operating lessor BOC Aviation… has signed a firm order for 80 A320neo Family aircraft comprising 10 A321XLR, 50 A321neo and 20 A320neo,” Airbus said.

According to the latest available catalogue prices, the deal is worth nearly USD10 billion, although such deals are usually subject to discounts.

BOC Aviation said it expected the aircraft to be delivered between 2027 and 2029.

CEO Robert Martin said this was “the largest single order” BOC Aviation had ever placed. It takes to 546 the number of Airbus planes purchased by the company since it started operating, Martin said.

BOC Aviation, which is listed on the Hong Kong stock market, said it currently owns 530 planes, which it leases to 73 airlines across 36 countries and regions.

An Airbus A320neo taking off. PHOTO: AFP