SEHK:2588Trade Distributors
BOC Aviation (SEHK:2588): Valuation Check After New Airbus A350-1000 Lease Deal with Philippine Airlines
BOC Aviation (SEHK:2588) just struck a fresh deal to buy two Airbus A350-1000s and lease them back to Philippine Airlines, a classic sale and leaseback that quietly extends its long term revenue runway.
See our latest analysis for BOC Aviation.
The market seems to be rewarding this steady pipeline of long term leases, with the share price at HK$74.0 and a robust year to date share price return of 26.71 percent, while the 5 year total shareholder return of 43.10 percent points to durable, if...