BOC Aviation Limited to acquire four new Airbus A321NEO and two new Airbus A320NEO aircraft slated for long-term leases to Condor Flugdienst GmbH and are expected to be delivered in 2027 and 2028.
BOC Aviation Limited has finalized an agreement to acquire four new Airbus A321NEO and two new Airbus A320NEO aircraft from Airbus S.A.S. These aircraft are slated for long-term leases to Condor Flugdienst GmbH (“Condor”) and are expected to be delivered in 2027 and 2028. Condor, as Germany’s leading leisure airline, has been serving passengers since 1956, connecting major airports in Germany and Zurich in Switzerland to approximately 90 destinations across Europe, Africa, the Indian Ocean, North America, and the Caribbean. With a fleet of over 50 aircraft, Condor maintains its planes through its in-house maintenance operation, Condor Technik GmbH.
“We are delighted to be working with Condor once again, supporting its fleet growth and renewal with these six latest technology aircraft,” said Steven Townend, Deputy Managing Director and Chief Financial Officer, BOC Aviation. “This transaction adds to our delivery pipeline of the world’s most advanced aircraft models, which will enable our Company to continue on its path of long-term sustainable growth,” he further added.
BOC Aviation, as a leading global aircraft operating leasing company, manages a fleet of 681 aircraft owned, managed, and on order. As of September 30, 2023, its owned and managed fleet was leased to 93 airlines in 44 countries and regions worldwide. This strategic agreement with Condor contributes to BOC Aviation’s position as a key player in the aviation leasing industry, facilitating the continuous modernization of airline fleets and promoting sustainable growth in the aviation sector.
“The successful deal with BOC Aviation Limited is another important step to become the operator of one of the most modern and efficient fleets in Europe. The partnership is extremely important for us and we are grateful for the continuous support and trustful cooperation with our new partner”, said Björn Walther, Chief Financial Officer, Condor.
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The Airbus A321neo is a single-aisle airliner created by Airbus. The A321neo is developed from the Airbus A321 and Airbus A320neo family. It is the longest-stretched fuselage of Airbus’s A320 series, and the newest version of the A321, with the original A321ceo entering service in 1994 with Lufthansa.
