BOC Aviation (HK:2588) has released an update.
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BOC Aviation Limited has expanded its fleet by purchasing 15 Airbus A320NEO aircraft from Frontier Airlines, with the transaction involving a leaseback arrangement. This strategic move, executed by its wholly-owned subsidiary BOC Aviation (USA), reinforces the company’s position as a leading global aircraft leasing entity. The deal aligns with BOC Aviation’s core business operations and is deemed fair, reasonable, and in the shareholders’ interests.
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