BOC Aviation continues plane buying spree with US$3b Airbus order

It will buy thirty A320 jets.

Singapore-based BOC Aviation today revealed that it has placed an order for 30 Airbus A320 planes in December, barely one month after placing a similar order with jet maker Boeing.

This latest order comprises 18 A320 NEO family and 12 A320 CEO family aircraft. At prevailing market prices, the order is worth US$3 billion ($4.3 b).

“This order underscores our continued confidence in the reliability and operational efficiency of the A320 family aircraft, and reflects its popularity among our customers for short- and medium-haul routes,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation.

BOC Aviation is a leading global aircraft leasing company with a portfolio of 270 owned and managed aircraft operated by 62 airlines worldwide in 30 countries, with commitments to acquire 241 aircraft, as of 31 December 2015. BOC Aviation is owned by Bank of China.