FilingReader Intelligence

BOC Aviation to purchase and lease five Boeing 737-8s

February 24, 2025 at 12:01 PM UTCBy FilingReader AI

BOC Aviation has entered into an agreement to purchase five Boeing 737-8 aircraft from Boeing, slated for delivery in 2026 and 2027. Simultaneously, the company will lease the aircraft to Arajet S.A., a Dominican Republic-based commercial airline. The transaction qualifies as an aircraft leasing activity. While this deal triggers a disclosure requirement under Listing Rule 14.07, it is exempt from standard announcement and shareholder approval requirements under Listing Rule 14.33C, as it is considered a Qualified Aircraft Leasing Activity. As of December 31, 2024, BOC Aviation's total portfolio consists of 709 owned, managed, or ordered aircraft and engines.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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