BOC Aviation is a global aircraft operating leasing company based in Singapore. It is the largest aircraft operating leasing company headquartered in Asia, as measured by the value of owned aircraft, and is listed on the Hong Kong Stock Exchange with its headquarters in Singapore and offices in Dublin, London, New York and Tianjin.[1]
History
The company was founded in 1993 as '''Singapore Aircraft Leasing Enterprise Pte. Ltd'''. (SALE), a joint venture between Singapore Airlines and Boullioun Aviation Services, Inc., a U.S.-based aircraft operating leasing company. In 1995, SALE acquired its first aircraft and in 1996 placed the first order with Airbus. In 1997, Temasek Holdings and Government of Singapore Investment Corporation (GIC) invested into the company.
In 2000, the company was reported to be the largest customer of the Airbus' single-aisle aircraft in Asia.[2]
In July 2004, SALE underwent a change in its shareholder structure, following the transfer of the 35.5% stake held by Seattle-based Boullioun Aviation Services to the US lessor's parent company WestLB AG of Germany.