SEHK:2588Trade Distributors
Is BOC Aviation’s A350-1000 Sale-and-Leaseback with Philippine Airlines Reshaping Its Risk Profile (SEHK:2588)?
The Board of Directors of BOC Aviation Limited announced that on 3 December 2025 it agreed to purchase two Airbus A350-1000 aircraft from Philippine Airlines and lease them back under long-term operating leases, with deliveries scheduled in 2025 and 2026.
This sale-and-leaseback deal adds modern, long-haul aircraft to BOC Aviation’s portfolio and secures multi-year lease income from a key Asia-Pacific carrier.
We’ll now explore how securing long-term A350-1000 leases with Philippine Airlines...