Aircraft lessor BOC Aviation has recently finalized an agreement to acquire six new Airbus aircraft, specifically four Airbus A321NEO and two Airbus A320NEO models, from Airbus S.A.S. This procurement is part of a strategic move to enhance their fleet and services.
The newly acquired aircraft will be leased to Condor Flugdienst GmbH, commonly known as Condor (Condor Airlines), under long-term agreements. These state-of-the-art airplanes are scheduled for delivery in the years 2027 and 2028, marking a significant addition to BOC Aviation’s already robust portfolio.
Condor, renowned as Germany’s preferred leisure airline, has been operational since 1956. It offers flights from Germany’s eight major airports and Zurich, covering approximately 90 destinations across Europe, Africa, the Indian Ocean, North America, and the Caribbean. The airline’s fleet exceeds 50 aircraft, all serviced and maintained by its in-house team at Condor Technik GmbH.
BOC Aviation: A Global Leader in Aircraft Leasing
BOC Aviation is a prominent player in the global aircraft leasing industry. With a comprehensive fleet comprising 681 aircraft—both owned and managed—the company caters to 93 airlines across 44 countries and regions as of September 30, 2023.
Headquartered in Singapore, BOC Aviation also maintains offices in key cities such as Dublin, London, New York, and Tianjin. The company’s success and reliability are further underscored by its listing on the Hong Kong Stock Exchange.
BOC and Condor Statements
“We are delighted to be working with Condor once again, supporting its fleet growth and renewal with these six latest technology aircraft,” said Steven Townend, Deputy Managing Director and Chief Financial Officer, BOC Aviation. “This transaction adds to our delivery pipeline of the world’s most advanced aircraft models, which will enable our Company to continue on its path of long-term sustainable growth.”
“The successful deal with BOC Aviation Limited is another important step to become the operator of one of the most modern and efficient fleets in Europe. The partnership is extremely important for us and we are grateful for the continuous support and trustful cooperation with our new partner”, said Björn Walther, Chief Financial Officer, Condor.
