NOVEMBER 14TH, 2016

BOC Aviation Signs Lease Agreement for Five New Airbus A321 with Juneyao Airlines

BOC Aviation Limited (“BOC Aviation”) is pleased to announce that it has signed lease agreements for five new Airbus A321-200 aircraft with Juneyao Airlines Co. Ltd. All five aircraft are scheduled for delivery to Juneyao in 2017.

“We are pleased to support Juneyao Airlines’ expansion as it continues to grow its services within China,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. “This placement also reflects the increased demand for the A321 when airlines are looking for larger capacity single-aisle aircraft.”

Junjin Wang, the Chairman of Juneyao Airlines, said, “We are pleased to work with BOC Aviation to add this modern and efficient aircraft to our fleet. Juneyao has been growing steadily in the past decade and now has a fleet of 56 Airbus aircraft, and we are excited to add the A321 to the fleet.”