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A Member of Bank of China Group

Press Release

BOC Aviation Places First Order For Boeing 737 MAX Aircraft

25 Aug 2014

BOC Aviation is pleased to announce an order for a total of 80 Boeing 737 series aircraft for delivery from 2016 to 2021, as the company builds on its pipeline for the next seven years. The order comprises 50 737 MAX 8 and 30 Next Generation 737-800 aircraft. 

The company also ordered two 777-300ER aircraft, which have already been placed with an existing customer. 

“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, BOC Aviation’s Managing Director and Chief Executive Officer. “The 737 is known for its operational and fuel efficiency, and BOC Aviation expects healthy demand for the Next Generation 737 and 737 MAX in the next seven years.”

"BOC Aviation has established a proven track record in the airplane leasing industry," said Dinesh A. Keskar, Senior Vice-President of Sales for Asia Pacific and India for Boeing. "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."

As of 30 June, BOC Aviation’s fleet of 251 delivered aircraft included 118 Boeing aircraft operated by 27 airlines, of which 95 aircraft were 737 NGs.

BOC Aviation is the leading Asia-based aircraft leasing company with a fleet operated by 56 airlines across 30 countries worldwide. The Company, owned by Bank of China, has one of the youngest fleets in the industry with an average owned aircraft age of less than four years.  

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For more information, please contact:
Claire LEOW
Tel: +65 9710 0790
Claire.leow@bocaviation.com
www.bocaviation.com