BOC Aviation, the leading Asia-based aircraft leasing company, has signed a firm contract for five A330-200F all-cargo aircraft. The agreement was signed during the 2008 Singapore Airshow.
Previously known as Singapore Aircraft Leasing Enterprise, BOC Aviation is headquartered in Singapore, with representatives based in Europe and the US. The company is wholly owned by the Bank of China.
Robert Martin, BOC Aviation Chief Executive Officer, said the contract marked the first time that BOC Aviation has ordered cargo aircraft directly from a manufacturer. "This order reflects our confidence in strong future demand for widebody production freighter aircraft," he said. "The payload capability and range of the A330-200F make it an appealing choice in the mid-size category and we feel sure that the aircraft will provide us with a strong return on our investment."
BOC Aviation's portfolio is one of the youngest in the leasing business and already includes the popular A320 Family and A330 passenger aircraft.
"We are delighted to welcome another new customer for our latest, fast selling Freighter aircraft, the A330-200F", said John Leahy, Chief Operating Officer, Customers. "Having BOC Aviation as a new customer for our successful new freighter is a further recognition that the aircraft's unique flexibility, excellent efficiency and superior performance are fully in line with market needs," he added.
The A330-200F is the latest addition to the very popular A330 Family, of which over 500 aircraft are presently in service with more than 60 operators worldwide. This extensive operator base will greatly facilitate the entry into service of the new all-cargo variant into existing A330 fleets. As for all Airbus aircraft currently in production, the A330-200F will also benefit from Airbus' unique full operational commonality. The now well recognised Airbus Fly-By-Wire technology also enables faster pilot transitioning to and from other Airbus aircraft, both passenger and freighter.
The A330-200F can carry up to 64 metric tonnes over 4,000 nautical miles/7400 km in its standard version. When selecting the optional payload mode operators can carry 69 metric tonnes up to 3,200 nautical miles/5930km. These range and payload capabilities will enable operators to grow their business by opening up or extending cargo routes currently operated. Thanks to an optimized fuselage cross-section, it has the interior flexibility to carry a wide variety of pallet and container sizes for maximum interlining capability, offering 30 percent more volume than any freighter in its class.
Airbus is an EADS company.