BOC Aviation, with the latest order for 40 additional Boeing 737-8 jets is advancing its strategy of purchasing new, fuel-efficient, sustainable airplanes in demand with airline customers.
Boeing has announced that the company has received an order from BOC Aviation Limited, a majority state-owned Chinese aircraft operating leasing company for 40 additional Boeing 737-8 jets. The airplane lessor has plans to grow its Boeing 737 MAX portfolio with the latest order. BOC Aviation is advancing its strategy of purchasing new, fuel-efficient, environmentally sustainable airplanes that are in demand with airline customers around the globe. Boeing is continuously seeing a strong market demand for the 737 MAX family, with more than 1,500 gross orders since late 2020.
The 737-8 is designed to offer more fuel efficiency, reliability and flexibility in the single-aisle market. The airplane can fly 3,500 nautical miles – about 600 miles farther than its predecessor – allowing airlines to profitably serve new and more direct routes for passengers. 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.
“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, Deputy Managing Director and Chief Operating Officer, BOC Aviation. “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,” he further added.
As a global aerospace company, Boeing develops, manufactures, and services commercial airplanes, defense products, and space systems for customers in more than 150 countries around the globe. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability, and community impact.
“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,” he further added.
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BOC Aviation is a China-based global aircraft operating leasing company with a fleet of 612 aircraft owned, managed and on order. Its owned and managed fleet was leased to 81 airlines in 38 countries and regions worldwide as of 30 September 2022.
