BOC Aviation cost of debt rises to 4.1%.

BOC Aviation, a Singapore-based aircraft lessor, saw its average cost of debt rise to 4.1% in 2023, up from 3.1% the previous year. The company's debt cost is supported by its investment grade corporate credit ratings and access to diverse debt funding sources. Lease rental income remains the primary source of revenue for BOC Aviation, supplemented by interest and fee income and gains from aircraft sales. The company's net lease yield for operating leases improved in 2023, but still trailed 2019 levels. BOC Aviation entered 2024 with a fleet of 684 aircraft and executed a record number of transactions in 2023. [Extracted from the article]

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