BOC Aviation finances first Embraer 190 with cash

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BOC Aviation has financed its first Embraer 190 aircraft with internal cash.

The aircraft, MSN 19000547, was placed on lease to Air Astana in September.

In November 2011 BOC placed an order for 15 Embraer 190s, with deliveries running between the fourth quarter of 2012 and 2014.

The operating lessor announced a three-aircraft agreement with the Kazakh carrier at this year's Farnborough air show. The remaining two aircraft will be delivered in spring 2013 and 2014.