02588 BOC AVIATION
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Returns At BOC Aviation (HKG:2588) Appear To Be Weighed Down
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasi
Changes in Hong Kong stocks | Bank of China Aviation Leasing (02588) rose nearly 5% in the afternoon, and some stranded Russian aircraft reached a settlement, and subsidiaries have received about US$208 million
Bank of China Aviation Leasing (02588) rose nearly 5% in the afternoon, with a cumulative increase of more than 17% during the month. As of press release, it rose 4.35% to HK$56.35, with a turnover of HK$16.120,400.
Bank of China Aviation Leasing (02588) appoints Jin Hongju and Li Ke as non-executive directors
Bank of China Aviation Leasing (02588) issued an announcement. Starting November 16, 2023: Dong Zonglin resigns as non-executive director...
BOC Aviation (HKG:2588) Sheds HK$1.4b, Company Earnings and Investor Returns Have Been Trending Downwards for Past Three Years
It can certainly be frustrating when a stock does not perform as hoped. But it can difficult to make money in a declining market. The BOC Aviation Limited (HKG:2588) is down 19% over three years, b
Bank of China Aviation Leasing (02588) and Russian insurance company NSK reached an insurance settlement agreement on 8 stranded Russian aircraft and have now received about US$208 million
Bank of China Aviation Leasing (02588) issued an announcement according to the Russian insurance company LLC “Insuranc...
Bank of China Aviation Leasing (02588.HK): BOC Aviation (Ireland) has received about US$208 million in cash payments
On November 10, Bank of China Aviation Leasing (02588.HK) announced that according to the insurance settlement agreement reached with the Russian insurance company LLC “Insurance Company NSK” (“NSK”) for 8 stranded Russian aircraft originally leased to Pobeda Airlines LLC (“Pobeda Airlines”), the company's subsidiary BOC Aviation (Ireland) Limited has now received about $208 million in cash payments and has stopped paying these 8 aircraft Airplane to NSK, Pobe
BOC Aviation CEO, Managing Director to Retire; Successor Named
Robert Martin, managing director, chief executive officer, and executive director of BOC Aviation (HKG:2588), will retire from his positions on Dec. 31. Martin will continue to be a member of the boar
Bank of China Aviation Leasing (02588.HK) plans to appoint Wu Jianguang as chief financial officer
Gelonghui November 8 | Bank of China Aviation Leasing (02588.HK) announced that Wu Jianguang was appointed as the company's chief financial officer, effective January 1, 2024, to succeed Steven Townend. The latter has been appointed as CEO, effective from the same day.
Bank of China Aviation Leasing (02588.HK) appoints Steven Townend as Executive Director, General Manager and CEO
GLONGHUI November 8 | Bank of China Aviation Leasing (02588.HK) announced that Robert Martin will step down from his executive position as general manager and CEO on December 31, 2023, and will no longer serve as an authorized representative. Mr. Martin will remain a member of the board of directors, be re-appointed as a non-executive director effective 1 January 2024, and will continue to serve as a member of the Strategy and Budget Committee. Mr. Steven Townend has been appointed as Executive Director, General Manager and CEO, Strategy and Budget Committee Member and Authorized Representative since 20241
CITIC Lyon: Maintaining the Bank of China Airlines Leasing (02588) “buy” rating, target price reduced to HK$68
CITIC Lyon said that BOC Aviation Leasing (02588)'s strong performance in the third quarter of 2023 was mainly due to a general increase in leasing rates and utilization rates.
BOC Aviation's US Unit Buys 10 American Airlines Aircraft for Leaseback
BOC Aviation's (HKG:2588) US subsidiary purchased eight Boeing 737-8 and two Boeing 787-9 aircraft from American Airlines for leaseback to the airline, according to a Friday filing. The aircraft are s
Bank of China Aviation Leasing (02588.HK): 8 Boeing 737-8 and 2 Boeing 787-9 aircraft will be transferred to BOC Aviation (USA) Corporation and re-leased to American Airlines for guarantee purposes
Greenway November 3 | Bank of China Aviation Leasing (02588.HK) announced that BOC Aviation (USA) Corporation, a wholly-owned subsidiary of the company, has signed an agreement with American Airlines, Inc. (American Airlines, Inc.). According to this, 8 Boeing 737-8 and 2 Boeing 787-9 aircraft will be transferred to BOC Aviation (USA) Corporation and leased back to American Airlines for guarantee purposes. The transaction constitutes one of the company's qualifying aircraft leasing activities.
BOC Aviation Faces Legal Dispute in U.K.
Shares of BOC Aviation (HKG:2588) lost over 2% in recent trade on news that Spanish airline Air Europa Lineas Aereas has initiated legal action against the firm in the English Commercial Court, in the
Bank of China Aviation Leasing (02588.HK): Air Europa Lineas Aereas, S.A.U., filed a lawsuit against the company in the British Commercial Court
GLONGHUI Oct. 30 | Bank of China Aviation Leasing (02588.HK) issued an announcement. On October 26, 2023, Air Europa Lineas Aereas, S.A.U., filed a lawsuit against the company in the British Commercial Court, demanding a refund of US$44.25 million for the three undelivered Boeing 787 aircraft. The company believes that there is no legal basis for this claim and plans to actively defend the case.
A Look At The Intrinsic Value Of BOC Aviation Limited (HKG:2588)
Key Insights The projected fair value for BOC Aviation is HK$42.54 based on Dividend Discount Model BOC Aviation's HK$49.95 share price indicates it is trading at similar levels as its fair value es
BOC Aviation's US Unit to Lease Back Airbus Planes to JetBlue Under Sale-Leaseback Deal
BOC Aviation's (HKG:2588) US subsidiary will lease back the two Airbus A321NEO and eight Airbus A220-300 aircraft to budget airline JetBlue Airways, according to a Monday filing. The aircraft leasing
Bank of China Aviation Leasing (02588.HK): Entered into a financial lease agreement with JetBlue for 2 Airbus A321NEO and 8 Airbus A220-300 aircraft
Glonghui, Oct. 23, 丨 Bank of China Aviation Leasing (02588.HK) announced that on October 20, 2023, BOC Aviation (USA), a wholly-owned subsidiary of the company, signed an agreement with JetBlue (the “Airline”). According to this, the airline agreed to transfer 2 Airbus A321NEO and 8 Airbus A220-300 aircraft (“Aircraft”) to BOC Aviation (USA), while BOC Aviation (USA) agreed to lease the aircraft back to the airline through financial leasing. Aircraft financial leasing is scheduled for 202
BOC Aviation Logs 124 Transactions in Q3
BOC Aviation (HKG:2588) executed a total of 124 transactions in the third quarter of 2023. The aircraft leasing company signed 62 lease deals, committed to acquiring 41 aircraft, and took delivery of
The utilization rate of BOC Air Leasing's own aircraft increased to 99.1% by the end of September
Bank of China Aviation Leasing (02588) announced that for the quarter ended September 30, 2023, the total number of owned, managed and ordered aircraft was 681; the self-owned fleet had a total of 413 aircraft. The average aircraft age after net book value was 4.8 years and the average remaining lease period was 7.8 years; the managed fleet included 35 aircraft; and the order book included 233 aircraft. A total of 124 transactions were executed in the third quarter of 2023, including commitments to purchase 41 aircraft; delivery of 11 aircraft; and signing of 62 lease commitments. As of September 30, 2023, the utilization rate of owned aircraft increased to 99
Bank of China Aviation Leasing (02588.HK)'s own aircraft utilization rate increased to 99.1%
GLONGHUI, Oct. 11 丨 Bank of China Aviation Leasing (02588.HK) announced that a total of 124 transactions were executed in the third quarter of 2023, including a commitment to purchase 41 aircraft; delivery of 11 aircraft; and signing 62 leasing commitments. The largest single transaction loan totaling US$1,375 million was signed with 16 banks around the world; its own and managed fleets served 93 airline customers in 44 countries and regions. As of September 30, 2023, the utilization rate of owned aircraft has increased to 99.1%.