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Babcock & Brown Aircraft Management
(BBAM), in conjunction with its long-term business partner, Nomura Babcock & Brown, has placed an order for 20
Next-Generation Boeing 737-800s. The order is valued at $1.5 billion at list
prices.
"Babcock & Brown Aircraft Management has experienced great success in placing the Boeing Next-Generation 737 with airline operators
around the world and we look forward to taking delivery of these aircraft from Boeing, which will bring our fleet of Next-Generation 737s to
more than 125 aircraft," said Steven Zissis, president, BBAM.
To date, 109 customers have placed orders for more than 4,300 Next-Generation 737s. Unfilled orders for the Next-Generation 737 exceed
1,800 airplanes, worth over $130 billion at list prices.
Babcock & Brown Aircraft Management's aircraft leasing portfolio is the world's fifth largest, managing 245 leased commercial jets with a
total value in excess of $6.5 billion. The fleet, which is currently 100%
utilized and leased to 72 customers, has an average age
weighted by value of 7.6 years.
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