The new generation freighters will be leased to AirBridgeCargo for use on one of their 38 routes between Asia, Europe and North America.
BOC Aviation has purchased two Boeing 747-8 freighters, which will be leased to Russia’s AirBridgeCargo Airlnes (ABC).
Exact lease terms were not disclosed.
The aggregate price for the aircraft is around $758.2 million, which includes the airframe, optional features and engine price. However, per the notice to the Hong Kong Stock Exchange, BOC noted how there is a significant difference between the list price and the actual purchase price of the aircraft.
ABC, which is a member of Russia’s Volga-Dnepr Group, currently has a fleet of 16 Boeing aircraft and operates 38 routes from Europe to Asia and North America.
Singapore-based BOC Aviation, which has offices in Dublin, London and Tianjin, owns, manages or has on order 483 aircraft.
BOC Aviation buys two Boeing 747-8 freighters
