BOC Aviation (HK:2588) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
BOC Aviation Limited has reported a robust second quarter for 2024, showcasing a total of 680 aircraft in its portfolio and a high utilization rate of 99% for owned aircraft. The company successfully executed 59 transactions, including the purchase and delivery of new aircraft and sale of existing ones. Additionally, BOC Aviation expanded its customer base to 93 airlines across 47 countries, marking the broadest reach in its history, and raised $500 million through a bond issue at a historically low spread.
For further insights into HK:2588 stock, check out TipRanks’ Stock Analysis page.
