Thai Airways to Lease 8 Boeing 777-300ERs from BOC Aviation

Thai Airways International has signed a long-term lease agreement with BOC Aviation for eight Boeing 777-300ER aircraft.

BOC Aviation has ordered eight 777-300ERs direct from Boeing for the long-term lease to THAI. The lease transaction marks the first time that BOC Aviation has worked with Thailand’s national carrier.

The aircraft will be powered by GE90-115BL engines and are scheduled for delivery to THAI from August 2012 to October 2013.

Mr. Piyasvasti Amranand, THAI President, said, “Thai Airways International’s corporate vision is to be the first choice carrier with touches of Thai. As we enhance our reputation of providing good service with a young fleet, we are pleased to partner BOC Aviation, Asia’s leading aircraft leasing company, for this transaction.”

Headquartered in Singapore, BOC Aviation is a leading aircraft leasing company with a portfolio today of 163 modern aircraft operated by airlines worldwide. Including today's announcement, the company has 13 widebody aircraft on firm order and another four on committed purchase and leaseback for delivery through to 2013. BOC Aviation has one of the youngest fleets in the industry with an average aircraft age of less than four years.

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