BCVVF - BOC Aviation: Recent Disclosures Offered Both Positive And Negative Takeaways
2024-07-13 23:19:48 ET
Summary
- I am impressed with the competitive financing rates for BOC Aviation's most recent bond issuance in Q2 2024.
- But BCVVF's aircraft age has increased, and its remaining lease term has declined between the end of 2023 and end-1H 2024.
- My Hold rating for BOC Aviation stays unchanged, as there were both favorable and unfavorable read-throughs from its latest second quarter business update.
Elevator Pitch
BOC Aviation Limited ( BCVVF ) [2588:HK] stock is rated as a Hold. The company refers to itself as a "global aircraft operating leasing company" on its corporate website ....
BOC Aviation: Recent Disclosures Offered Both Positive And Negative Takeaways