BOC Aviation Reports Robust Q3 2024 Operations
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BOC Aviation Reports Robust Q3 2024 Operations

BOC Aviation (HK:2588) has released an update.

BOC Aviation Limited has disclosed its operational data for Q3 2024, highlighting a total fleet of 693 aircraft, including owned, managed, and orders, with an owned aircraft utilization rate at 99%. The company successfully executed 70 transactions within the quarter, including the sale of six aircraft and the securing of 35 new lease commitments. Additionally, they raised $500 million through the issuance of seven-year bonds at a 4.625% annual coupon.

For further insights into HK:2588 stock, check out TipRanks’ Stock Analysis page.

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