World News Intel

BOC Aviation has decided to expand its portfolio
of Boeing 737 MAX aircraft with an order for 40 additional 737-8
jets.

One of the world’s leading global aircraft leasing
companies, BOC Aviation has a fleet of 612 aircraft owned, managed
and on order.

The company is listed on the Hong Kong Stock
Exchange and has its headquarters in Singapore with other offices in
Dublin, London, New York and Tianjin.

“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.”

The single aisle 737-8 can fly 3,500 nautical miles,
which is about 600
miles farther than its predecessor. Compared to the airplanes it replaces, the 737-8 also delivers
superior efficiency, using 20% less fuel and significantly
reducing CO2 emissions and operating costs.

Boeing says that it continues to see strong market demand for
the 737 MAX family, with more than 1,500 gross orders since late
2020.

“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.”

washingtonpost

Share.
Leave A Reply

Exit mobile version

Subscribe For Latest Updates

Sign up to best of business news, informed analysis and opinions on what matters to you.
Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Thanks for subscribing!