Project ID: 98540

BOC Aviation leases four Airbus A320-200 aircraft to Volaris

Summary

Funding agency [Type]

BOC Aviation Limited [State-owned Company]

Recipient

Mexico

Sector

Transport and storage (Code: 210)

Flow type

Loan

Level of public liability

Private debt

Infrastructure

No

Category

Intent

Commercial (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2013-11-01

Planned complete

2014-05-01

Description

In November 2013, BOC Aviation entered into an agreement with Concesionaria Vuela Compañía de Aviación S.A.B. de C.V. (Volaris), a Mexican low-cost airline, to lease four new Airbus A320-200 aircraft to Volaris. The aircraft were scheduled to be delivered by May 2014.

Number of official sources

1

Number of total sources

1

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Details

Cofinanced

No

Direct receiving agencies [Type]

Concesionaria Vuela Compañía de Aviación S.A.B. de C.V. (Volaris) [Private Sector]

Loan Details

Bilateral loan

Lease agreement