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
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
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
(Reporting by Donny Kwok; Editing by Richard Pullin)