BOC Aviation has ordered 50 Boeing 737 MAX 8s,
30 Next-Generation 737-800s and 2 Boeing 777-300ERs (Extended
The order, valued at US$8.8 billion at list prices, is the
largest in BOC Aviation's 20-year history and part of the
Singapore-based leasing company's effort to grow its portfolio of
"Following the successful placement of the 50
Next Generation 737 aircraft that we ordered in 2006, this is a
continuation of our commitment to be responsive to airline
customers which are expanding or replacing older fleets," said
Robert Martin, managing director and chief executive officer, BOC
Aviation. "The 737 is known for its operational and fuel
efficiency, and BOC Aviation expects healthy demand for the Next
Generation 737 and 737 MAX variants in the next seven years."
The order adds to BOC Aviation's fleet, which is among the
youngest in the leasing industry with an average of less than four years.
"BOC Aviation has established a proven track record
in the airplane leasing industry," said Dinesh Keskar, senior vice
president Asia Pacific and India Sales, Boeing Commercial
Airplanes. "They have played an important role in the success of
the Next-Generation 737 and the 777-300ER in the leasing market by
helping place the airplanes with airlines worldwide. We're excited about our continued relationship with BOC Aviation and look
forward to working with them on the new 737 MAX."
See other recent news regarding: