BOC Aviation Orders 12 Airbus A320neos for Avianca

Slotting Into a Packed 2029 Calendar

BOC Aviation has placed a direct order with Airbus for 12 new A320neos, locking in delivery slots that stretch all the way out to 2029. It's a long-term play that underlines just how tight supply is across commercial aviation. Lessors and airlines now have to map out fleet needs years in advance simply to guarantee access to next-generation metal.

Technical hiccups continue to disrupt parts of the industry — like the recent grounding detailed in ITA Airways Airbus A220 Grounded in Venice Since Monday — yet major aircraft lessors aren't slowing down. Instead, they're pushing forward with aggressive expansions, betting big on single-aisle workhorses.

All 12 Headed Straight to Avianca

None of these dozen jets will spend a day looking for a home. BOC Aviation paired the order with long-term lease deals for every frame with Aerovías del Continente Americano, better known as Avianca. For the South American carrier, locking in modern narrowbodies this far ahead guarantees the steady stream of capacity required to phase out older planes and support growing regional traffic.

The Safe Bet on Airbus's Workhorse

Sticking with the A320neo is an easy call. The aircraft remains a favorite on short-to-medium-haul networks, burning significantly less fuel and cutting carbon emissions compared to previous-generation models. For a lessor like BOC Aviation, owning neos is about as safe as it gets in aviation finance — strong liquidity and deep secondary-market demand mean these planes stay profitable.