BOC Aviation, Qatar Airways sign purchase-and-leaseback agreement for three new Airbus A350:
5 August, 2019:BOC Aviation Limited has signed a purchase-and-leaseback agreement with Qatar Airways for three new Airbus A350 twin-aisle aircraft. The aircraft are powered by Rolls Royce Trent XWB engines. The three transactions are expected to close in the third quarter of 2019.
"Our relationship with Qatar Airways dates back 20 years to 1999, and we are very pleased to partner with our largest customer once again to support their fleet and network expansion plans," said Robert Martin, Managing Director and CEO, BOC Aviation. "This addition to our portfolio of popular, in-demand aircraft on long-term leases to strong airline customers is in line with our strategy of growing our fleet through disciplined investment. We look forward to building on our long-standing relationship with Qatar Airways."
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