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Press Release

BOC Aviation Delivers First Boeing 737 MAX 9 Aircraft

25 Feb 2019

BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has delivered its first Boeing 737 MAX 9 aircraft to its newest customer, Icelandair, based in Reykjavik. The aircraft will be powered by CFM LEAP-1B Engines.

“Following the successful induction of the Boeing MAX 8 into our fleet last year, we are delighted to add the first of our MAX 9 aircraft and to assist Icelandair with its expansion and re-fleeting programme” said Steven Townend, Chief Commercial Officer (Europe, Americas, Africa), BOC Aviation. “With our focus on investing in the latest technology jets, we remain committed to providing our customers with aircraft that feature the most innovative and fuel efficient solutions,” he added.

“We are very pleased to team up with BOC Aviation for the financing of our first 737 MAX 9 aircraft delivered from Boeing. We are confident that the outstanding economics of the aircraft will help us with the continued expansion of Icelandair‘s route network,” said Bogi Nils Bogason, CEO of Icelandair Group.

“We are excited to deliver the first 737 MAX 9 for BOC Aviation, a valued partner over the last 25 years and a lessor that continues to grow its diverse portfolio of fuel-efficient and in-demand aircraft,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for The Boeing Company. “With the 737 MAX 9, BOC Aviation will be able to offer airlines like Icelandair a great complement to the 737 MAX 8. It’s an airplane that offers more seats and more revenue opportunities while incurring lower trip costs than the aircraft it replaces.”

About Icelandair
Icelandair traces its history back over 80 years to the formation of Flugfélag Akureyrar in 1937 and was listed as part of Icelandair Group on the Iceland Stock Exchange in 2006. Today it carries more than four million passengers a year from its hub at Keflavik Airport from which it flies to more than 48 international and domestic destinations. In 2019, Icelandair will operate an all-Boeing fleet of 36 aircraft. At the beginning of the year the company had orders for 13 Boeing 737 MAX family aircraft, of which six will be delivered in 2019.

About BOC Aviation
BOC Aviation is a leading global aircraft operating leasing company with a fleet of 511 aircraft owned, managed and on order. Its owned and managed fleet was leased to 93 airlines worldwide in 37 countries and regions as at 31 December 2018. BOC Aviation is listed on the Hong Kong Stock Exchange (HKEx code: 2588) and has its headquarters in Singapore with offices in Dublin, London, New York and Tianjin. For more information, visit www.bocaviation.com.

About 737 MAX 9
The 737 MAX 9 is designed for a capacity of up to 220 passengers and a maximum range of 3,550 nautical miles (6575 km). With three additional seat rows compared to the 737 MAX 8, this airplane provides operators added capacity while maximizing profitability within their network. For more information, visit 737 MAX 9.

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For more information, please contact:
Timothy ROSS
Tel: +65 6325 9878
Mobile: +65 9837 9873
timothy.ross@bocaviation.com
www.bocaviation.com