BOC AVIATION PLACES THREE BOEING 747-8 FREIGHTERS WITH ATLAS AIR

Press Release

BOC AVIATION PLACES THREE BOEING 747-8 FREIGHTERS WITH ATLAS AIR

23 Aug 2024

BOC Aviation Limited ("BOC Aviation" or the "Company") is pleased to announce the placement of three Boeing 747-8 freighters with new customer Atlas Air Worldwide Holdings, Inc. ("Atlas"). All three aircraft are powered by General Electric GEnx engines and are scheduled for delivery in 3Q 2024.

"Atlas manages the world's largest fleet of Boeing 747 freighter aircraft and is ideally placed to partner with us in the operation of these latest generation aircraft," said Steven Townend, Chief Executive Officer and Managing Director. "As global airfreight volumes hit record highs this transaction highlights our ability to provide capacity solutions to a wide variety of airline customers."

"As the world's largest operator of 747 freighters, we are delighted to work with BOC Aviationto expand our widebody fleet with these three 747-8Fs," said Michael Steen, Atlas Air Worldwide Chief Executive Officer. "Our growth in this aircraft type underscores Atlas' commitment to the 747-freighter platform and the value it provides our customers, including significant payload capacity and unique nose-loading capability. Through our ongoing investments in innovation and our fleet, we continue to create additional operational flexibility, providing world-class service and acting as a trusted partner to our customers."

About BOC Aviation

BOC Aviation is a leading global aircraft operating leasing company with a fleet of 680 aircraft owned, managed and on order. Its owned and managed fleet was leased to 93 airlines in 47 countries and regions worldwide as at 30 June 2024. BOC Aviation is listed on the Hong Kong Stock Exchange (HKEx code: 2588) and has its headquarters in Singapore with offices in Dublin, London, New York and Tianjin. For more information, visitwww.bocaviation.com.

About Atlas Air Worldwide Holdings

Atlas Air Worldwide is a leading global provider of outsourced aircraft and aviation operating services. It is the parent company of Atlas Air, Inc., and Titan Aviation Holdings, Inc., and is the majority shareholder of Polar Air Cargo Worldwide, Inc. Its companies operate the world's largest fleet of 747 freighter aircraft and provide customers the broadest array of Boeing 747, 777, 767 and 737 aircraft for domestic, regional and international cargo and passenger operations.

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For more information, please contact:
Timothy ROSS
Tel: +65 6325 9878
Mobile: +65 9837 9873
[email protected]
www.bocaviation.com

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