Overview

BOC Aviation leases three Embraer E190 aircraft to Grupo Aeroméxico

Commitment Year•2014Country of Activity•MexicoDirect Recipient Country of Incorporation•MexicoOverseas Jurisdiction•SingaporeSector•Transport And StorageFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Apr 1, 2014

Start (planned): Apr 1, 2014

End (planned): Jun 1, 2014

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned companies

BOC Aviation Limited

Receiving agencies

Private Sector

Grupo Aeroméxico S.A.B. de C.V.

Loan description

BOC Aviation leases three Embraer E190 aircraft to Grupo Aeroméxico

Interest type•Unknown

Narrative

Full Description

Project narrative

In April 2014, BOC Aviation Pte. Ltd. entered into a lease agreement with Grupo Aeroméxico S.A.B. de C.V., the airline holding company for Aerovías de México, S.A. de C.V., the flag carrier airline of Mexico, for three new Embraer E190 aircraft. The aircraft were scheduled for delivery between April and June 2014.