Overview

BOC Aviation leases two Boeing 737-800 and two 737-900ER aircraft to Lion Mentari Airlines

Commitment Year•2016Country of Activity•IndonesiaDirect Recipient Country of Incorporation•IndonesiaOverseas Jurisdiction•SingaporeSector•Transport And StorageFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jul 1, 2016

End (actual): Jul 28, 2016

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

PT Lion Mentari Airlines (Lion Air Group)

Loan description

BOC Aviation leases two Boeing 737-800 and two 737-900ER aircraft to Lion Mentari Airlines

Interest type•Unknown

Narrative

Full Description

Project narrative

Prior to July 2016, BOC Aviation entered into a lease agreement with PT Lion Mentari Airlines (Lion Air Group), an Indonesian airline holding company for several Southeast Asia airlines, including Indonesian low-cost airline Lion Air, for two Boeing 737-800 and two 737-900ER aircraft. The first Boeing 737-900ER was delivered on July 28, 2016.