BOC Aviation to open New York office

Singapore-headquartered lessor BOC Aviation is to open a New York office, which will be headed by EVP-airline leasing and sales (Americas) Matt Baumgarth.

The New York office will be co-located with the Bank of China offices at 1045 6th Avenue. It is BOC’s fourth overseas office, joining Dublin, London and Tianjin.

Baumgarth, who was previously BOC’s London-based SVP for capital markets, has two decades of aviation finance experience with North American airlines and investment banks.

“A US presence is essential to maintaining our global footprint,” BOC Aviation MD and CEO Robert Martin said. “With the opening of the New York office, we aim to better serve new and existing airline customers and aircraft investors.”

At the end of June 2017, BOC Aviation had a fleet of 493 aircraft owned, managed and on order, placed with 75 airlines worldwide.