Revenue distribution by industry:

• Aircraft leasing: approx. 90%
• Aircraft sales: approx. 10%

TOP 3 markets:

1. Asia-Pacific: approx. 40%
2. Europe: approx. 30%
3. North America: approx. 20%

BOC Aviation Limited generates the majority of its revenue from leasing aircraft to airlines worldwide. The Asia-Pacific region is the largest market, driven by high demand for air travel and the growth of the aviation industry in this region.

Europe and North America follow as important markets, with demand in these regions supported by established airlines and a stable demand for air travel.

Production Sites: No proprietary production facilities

BOC Aviation Limited is a leading aircraft leasing company and does not produce its own products. Instead, the company acquires aircraft from manufacturers such as Airbus and Boeing to then lease them to airlines worldwide. The production of the aircraft therefore takes place in the factories of the respective aircraft manufacturers, mainly in the USA and Europe.

Fleet Growth: Planned increase in the fleet by 5% annually (2025)

Sustainability Initiatives: Investments in fuel-efficient aircraft and green technologies

Market Expansion: Focus on Asia-Pacific and emerging markets

BOC Aviation Limited pursues a strategy aimed at sustainable growth and market expansion. The company plans to expand its aircraft fleet by approximately 5% annually to meet the increasing demand in air travel. This growth strategy is supported by the acquisition of modern, fuel-efficient aircraft, which is also intended to reduce the company's ecological footprint.

In addition, BOC Aviation places a strong emphasis on expanding into the Asia-Pacific region and emerging markets, where significant growth potential in air travel is expected. These markets offer opportunities for long-term lease agreements and strategic partnerships with airlines looking to modernize or expand their fleets.

Main raw materials/materials: Aircraft parts, engines

Countries of origin: USA, France, Germany

BOC Aviation Limited is a leading company in the aircraft leasing sector. The main materials imported by the company include aircraft parts and engines. These are mainly sourced from the USA, France, and Germany, as these countries are home to significant aircraft and engine manufacturers such as Boeing, Airbus, and Rolls-Royce.

The procurement of these materials is crucial for the maintenance and expansion of the leased aircraft fleet. BOC Aviation works closely with these manufacturers to ensure that the aircraft meet the latest standards and can be operated efficiently.

Fleet growth: 8% (2024)
Market share in Asia: 12% (2024)
Return on equity (ROE): 10.5% (2024)

BOC Aviation Limited has a significant competitive advantage in the aircraft leasing industry, especially in Asia. The company was able to expand its fleet by 8% in 2024, indicating strong demand and efficient capital allocation.

With a market share of 12% in Asia, BOC Aviation positions itself as one of the leading players in the region. This market position enables the company to benefit from the growing aviation markets in Asia.

The return on equity of 10.5% in 2024 shows that the company is able to effectively utilize its investments to achieve above-average returns. This strengthens its ability to operate successfully in a competitive market environment.

Institutional Investor Share: 60% (estimated, 2025)
Insider Buys/Sells: No significant changes reported (2025)

The institutional investor share in BOC Aviation Limited is estimated to be around 60%, indicating a strong confidence from institutional investors in the company's business model and market position. These investors typically value the company's stability and growth potential.

In 2025, no significant insider buys or sells were reported. This suggests that the management and other insiders are either satisfied with the current valuation of the company or do not expect immediate changes in the company's strategy or performance.

Market share of BOC Aviation Limited: Estimate 12% (2025)

Main competitors and their market shares:

1. AerCap Holdings N.V.: Estimate 20% (2025)
2. Air Lease Corporation: Estimate 15% (2025)
3. Avolon Holdings: Estimate 10% (2025)
4. SMBC Aviation Capital: Estimate 8% (2025)
5. GECAS (General Electric Capital Aviation Services): Estimate 7% (2025)

Economic moat of BOC Aviation Limited: BOC Aviation Limited has a significant economic moat stemming from its strong financial backing by the Bank of China, a diversified and modern aircraft portfolio, and long-standing customer relationships. These factors provide the company with stability and a solid foundation for future growth.

Compared to its competitors, BOC Aviation has the advantage of a strong capital base and strategic access to Asian markets, particularly China. This can be seen as an advantage over Western competitors who may have less access to these markets.

However, companies like AerCap and Air Lease Corporation also possess strong economic moats derived from their global presence, extensive fleets, and established customer relationships. These companies may have an advantage in terms of economies of scale and global reach.

Overall, BOC Aviation has a solid economic moat, but the competition is fierce and also holds significant competitive advantages.

Revenue Growth: 8.5% (2024) Fleet Growth: 6.2% (2024) Net Income Growth: 7.0% (2024)

BOC Aviation Limited achieved a revenue growth of 8.5% in 2024, attributed to continuous expansion of the aircraft fleet and strong demand in the aviation sector. The fleet growth of 6.2% indicates that the company is further expanding its capacities to meet the increasing demand.

The net income growth of 7.0% suggests that BOC Aviation is operating efficiently and able to increase its profits despite challenges in the industry. This is a positive sign for investors, indicating solid financial health and an effective business strategy.

In summary, BOC Aviation Limited could be an attractive investment opportunity due to its stable growth and strong market position. However, potential investors should also consider general economic conditions and specific risks in the aviation sector before making an investment decision.

Dividend Yield: 4.5% (2024) Dividend History: Continuous payout since 2016

BOC Aviation Limited has pursued a reliable dividend policy in recent years. In 2024, the dividend yield was 4.5%, indicating a stable payout policy. The company has consistently paid dividends since its IPO in 2016.

The reliability of dividend payments is supported by the company's strong financial position, including solid cash flow and stable earnings. Analysts expect BOC Aviation to continue distributing dividends at a similar level in the coming years, provided there are no significant negative changes in the aviation industry or the global economy.