BOC Aviation buys two Boeing aircraft from Turkish Airlines for undisclosed sum

HONG KONG, April 27 (Reuters) - BOC Aviation Ltd

said on Thursday it would buy two Boeing 777-300ER aircraft from

Turkish Airlines for an undisclosed sum as the

aircraft lessor builds its balance sheet by investing in

in-demand aircraft.

The aircraft, which will be leased back to the airline, have

an aggregate full life current market appraised value of about

$322 million, the Hong Kong-listed firm said in a filing to the

stock exchange.

BOC Aviation, which operates a fleet of 494 aircraft, will

fund the deal through cash on hand, loans and other borrowings.

The deal is expected to be completed in April.

The deal came about a month after BOC Aviation bought two

Boeing 747-8 freighter aircraft for an aggregate list price of

$758.2 million.

(Reporting by Donny Kwok; Editing by Richard Pullin)