Overview

BOC Aviation signs sale-and-leaseback agreement with Etihad Airways for three Airbus A320 aircraft

Commitment Year•2008Country of Activity•United Arab EmiratesDirect Recipient Country of Incorporation•United Arab EmiratesOverseas Jurisdiction•SingaporeSector•Transport And StorageFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jun 1, 2008

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

State-owned companies

Etihad Airways

Loan description

BOC Aviation signs sale-and-leaseback agreement with Etihad Airways for three Airbus A320 aircraft

Interest type•Unknown

Narrative

Full Description

Project narrative

At some point between June and November, 2008, BOC Aviation, Bank of China's (BOC) wholly-owned aircraft leasing subsidiary, signed a sale-and-leaseback agreement with Etihad Airways for three (3) Airbus A320 aircraft. The aircraft were scheduled to be delivered through April 2011. Other details about the agreement are currently unknown.