BOC Aviation Orders Another 40 Boeing 737 MAX 8 Aircraft

BOC Aviation Boeing 737 MAX 8
Dec 28, 2022

Aviation leasing company BOC Aviation has entered into an agreement with Boeing to purchase 40 additional Boeing 737 MAX 8 aircraft.

The order brings BOC’s 737 MAX 8 count to 80 aircraft. Prior to this, Singapore-based BOC had 612 aircraft in its books, serving 81 airlines across 38 countries.

“We are pleased to continue to build on our existing relationship with Boeing, with this 40-aircraft incremental order for the fuel-efficient Boeing 737-8 aircraft. The incremental order takes our total 737 MAX 8 orderbook with Boeing to 80 aircraft,” said David Walton, BOC Aviation deputy managing director and chief operating officer. “We look forward to continuing to provide one of the industry’s most technologically advanced aircraft for delivery on lease to our airline customers, and to support their sustainable growth over the balance of this decade.”

With the sudden rise in travel following the pandemic, the narrowbody market has been booming, with many airlines also expressing confidence in the MAX line. This latest order pushes Boeing’s MAX gross sales count to over 1,500 aircraft between late-2020 and now.

“We are proud that BOC Aviation continues to invest in the 737-8 with its industry-leading versatility and ability to fly almost any short- and medium-haul market profitably,” said Ryan Weir, vice president of Global Leasing Sales, Boeing Commercial Airplanes. “We look forward to more opportunities to expand our relationship to support BOC Aviation and its customers.”

Boeing has already seen large orders from North American carriers such as United, Delta and WestJet, and they are expected to receive yet another mega order from Air India in the next few days to weeks, even though it is unclear when this will be finalized. The order is expected to be in the range of 500 aircraft but will be split between Boeing and Airbus.

[Featured Photo: Boeing]

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