Singapore-based BOC Aviation (Bank of China Aviation), an aircraft lessor, has announced that it has cancelled an order for 18 Airbus A320neos. The order for the aircraft was first announced on the 31st of December 2019, for a delivery date between 2022 and 2023. The customer for the aircraft, who is unnamed, now wishes to purchase the aircraft directly from Airbus, instead of leasing them from BOC Aviation. Where the customer is going to purchase the aircraft from remains unknown.
Although this doesn’t have anything to do with BOC Aviation, I thought that it would be interesting to bring up the fact that Airbus has a factory (which is also a final assembly unit) in Tianjin, China. It was obviously created for easier aircraft delivery within the Asian market. Transporting aircraft remains costly, and this could also be one of the reasons for the creation of this factory. Asian airlines no longer have to pay for the transportation of aircraft from faraway continents and countries, but have the possibility to get aircraft in a quicker time period, for a lower price. 2nd of September 2020.