SINGAPORE 2014: P&W and BOC Aviation sign deal for PW1100G-JM engines

BOC Aviation has ordered Pratt & Whitney PW1100G-JM engines for 15 of the 37 firm Airbus A320neo aircraft it has on order and for 12 options, should they be confirmed.

Robert Martin, MD & CEO of BOC Aviation (right in pic with Dave Brantner, president, P&W Commercial Engines) noted that the lessor is its 20th anniversary year and that much of that history has involved both Pratt & Whitney and IAE. “We were instrumental in opening up many airlines with Airbus in the region,” he commented. “And we believe in this engine and that it will deliver, on time.”

BOC Aviation announced an order for 50 A320s last year (25 neos, 25 ceos) and followed up with a further order of 25 for total of 75, Martin explained. “Of those, 38 are ceos, 32 of which have been placed. Customers for the first neos are already signed up.”

On overall fleet growth, Martin stated, “We plan to take roughly 50 aircraft a year. We took 48 last year and have 46 planned this year so far. Also, we have 22 planned at the moment for 2015. Our backlog at present is 108 aircraft in the orderbook, for delivery through to 2019.” The current BOC Aviation fleet stands at 230 (210 owned, 20 managed).

Asked about the potential for the lessor to take on other types powered by the PW1000G family, such as Embraer E-Jet E2s, Martin noted that it had previously bought E-Jets, all of which are placed. “We like GTF [PW1000G] and anything using that we will take a very careful look at,” he responded.

Bernie Baldwin, editor, Low-Fare & Regional Airlines/LARAnews.net
Singapore

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