BOC Aviation (02588) delivered a total of 10 aircraft in the first quarter.
China Aircraft Leasing Group (02588) announced that its General Manager and Chief Executive Officer, Steven Townend, stated: "We have had a strong start to the year, delivering a total of 10 aircraft in the first quarter. Within the first three months, we have signed 20 leasing commitments, with 19 involving new aircraft from our order book, reflecting a strong demand for aircraft in the market. Our aircraft utilization and collection rates have remained at 100%, and we have successfully raised 2.5 billion US dollars in the capital market, bringing our liquidity to a record high. In a volatile market environment, this allows us to continue to focus on long-term sustainable growth."
BOC Aviation (02588) announced that CEO Steven Townend stated: "We have had a strong start to the year, delivering a total of 10 aircraft in the first quarter. In the first three months, we signed a total of 20 lease commitments, with 19 involving new aircraft from our order book, reflecting strong demand for aircraft in the market. Our aircraft utilization and collection rates both remained at 100%, and we successfully raised $2.5 billion in capital in the capital markets, improving our liquidity to a historical high. In a volatile market environment, this allows us to continue to focus on long-term sustainable growth."
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