Project ID: 98548

BOC Aviation leases four Boeing 737-800 NG and two Airbus A320NEO aircraft to Vistara

Summary

Funding agency [Type]

BOC Aviation Limited [State-owned Company]

Recipient

India

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

2019-05-01

Planned start

2019-05-01

Planned complete

2019-12-31

Description

Prior to May 2019, BOC Aviation entered into a lease agreement with TATA-SIA Airlines Limited, an Indian airline branded as Vistara and joint venture between India's Tata Sons (51% equity stake) and Singapore Airlines (49% equity stake), for four Boeing 737-800 NG and two Airbus A320NEO aircraft. The Boeing aircraft were scheduled for delivery in May 2019 and Airbus were delivered in the second half of 2019.

Number of official sources

1

Number of total sources

1

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

TATA-SIA Airlines Limited (Vistara) [Joint Venture/Special Purpose Vehicle]

Loan Details

Bilateral loan

Lease agreement

Project finance