A Member of Bank of China Group

Press Release

BOC Aviation Places Order For 22 Boeing 737 Family Aircraft

24 Nov 2015

BOC Aviation Pte. Ltd. (“BOC Aviation” or the “Company”) announced that it placed an order for 22 Boeing 737 family aircraft scheduled for delivery from 2018 to 2021 as the Company continues to build on its existing order book to fulfill customer demand. This latest order comprises 11 Boeing Next Generation 737-800 aircraft and 11 Boeing 737 MAX 8 aircraft. The Next Generation 737-800 aircraft will be powered by CFM 56 engines.

“This order demonstrates our continued confidence in the Next Generation 737 aircraft for its proven high performance, reliability, and asset value,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation.  “The Next Generation 737 economics are very attractive to our customers.  With the 737 MAX, we are investing in new technology aircraft to meet our customers’ long-term fleet planning requirements.”

BOC Aviation’s first Boeing 737 MAX aircraft will join the fleet in 2019, from an earlier order for 50 such aircraft placed in 2014. Today’s announcement ensures the order book stretches out to meet future demand.

“BOC Aviation has played an important role in the success of the 737 program and we’re delighted they have again put their confidence in Boeing and the 737 family,” said Dinesh Keskar, senior vice president, Asia Pacific and India Sales, Boeing Commercial Airplanes. “This new order, on top of the 2014 order for 80 737s, is proof of BOC Aviation’s leading position in the leasing market, providing its customers with the most reliable and fuel-efficient single-aisle airplanes.”

BOC Aviation is a leading global aircraft leasing company with a portfolio of 253 owned and managed aircraft operated by 59 airlines worldwide in 29 countries, with commitments to acquire 203 aircraft, as of 30 September 2015. BOC Aviation, owned by Bank of China, is based in Singapore with offices in Dublin, London, Seattle and Tianjin.

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For more information, please contact:

Claire LEOW
Tel: +65 6325 9638
[email protected]
www.bocaviation.com