BOC Aviation Ltd said on Monday it would buy 17 new Airbus A320NEO and A321NEO aircraft worth a combined $2.2 billion at list prices.

Asia’s second-biggest aircraft lessor, which had 487 aircraft as at June 30, said it expected to take delivery of the aircraft in 2020 and 2021.

The Singapore-based company, which is majority-owned by Bank of China (601988.SS), had in June agreed to buy 5 Airbus aircraft worth a combined $553 million at list prices for delivery in 2018 and 2019.

Source: reuters.com