Tag Archives: BOC Aviation

Southwest sells and leases back 10 Boeing 737 MAX 8 aircraft from BOC Aviation

Southwest Airlines Boeing 737-8 MAX 8 N8708Q (msn 42566) LAX (Michael B. Ing). Image: 945961.

BOC Aviation has made this announcement:

BOC Aviation Limited has announced that it has signed a purchase-and-leaseback agreement with Southwest Airlines for 10 Boeing 737 MAX 8 aircraft. All 10 aircraft are powered by CFM LEAP-1B engines.

Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation, said: “We are delighted to be working with Southwest Airlines once again, building on a long-term relationship that dates back to 2008. This is the sixth major aircraft investment that we have announced this year, which reflects our Company’s ability to provide innovative financing solutions for large-volume transactions and our commitment as a global partner to our airline customers.”

Top Copyright Photo: Southwest Airlines Boeing 737-8 MAX 8 N8708Q (msn 42566) LAX (Michael B. Ing). Image: 945961.

Southwest Airlines aircraft slide show:

BOC Aviation orders 20 more Airbus A320neo aircraft

Singapore-based lessor BOC Aviation Limited has placed a firm order with Airbus for 20 A320neo aircraft. Up to 12 of the newly-ordered aircraft will be leased to Colombia’s Avianca Airlines.

Featuring the widest single-aisle cabin in the sky, the A320neo Family incorporates the latest technologies, including new generation engines and Sharklets, which together deliver 20 per cent reduced fuel burn as well as 50 percent less noise compared to previous generation aircraft.

BOC Aviation delivers the first Boeing 737-9 MAX 9 aircraft to Icelandair

BOC Aviation Limited has announced that it has delivered its first Boeing 737-9 MAX 9 aircraft to its newest customer, Icelandair. The aircraft will be powered by CFM LEAP-1B Engines.


The pictured Boeing 737-9 MAX 9 TF-ICA (msn 44357) was officially handed over on February 22, 2019.

Photo: BOC Aviation.

BOC Aviation purchases eight Airbus A330neo aircraft from Airbus for lease to Lion Air Group

BOC Aviation Limited has announced that it has purchased eight new Airbus A330neo family aircraft from Airbus.

All eight aircraft are scheduled for delivery to the Lion Air Group in 2019 and 2020. Lion Air will have the option to acquire four of the aircraft at delivery.

BOC Aviation finalizes a deal for 10 Boeing 737 MAX 10s

Boeing and BOC Aviation Limited have finalized a deal for 10 737 MAX 10 airplanes. The announcement, first made at the 2017 Paris Air Show, is valued at approximately $1.25 billion at list prices.

Image: Boeing.

Boeing and BOC Aviation announce an order for 22 737-800s and 737 MAX 8s

BOC Aviation logo

Boeing (BA) and BOC Aviation (Singapore), announced an order for 22 737 airplanes, building on the leasing company’s existing order book to fulfill customer demand.

The order, consisting of 11 Next-Generation 737-800s and 11 737 MAX 8 airplanes, will be posted to Boeing’s Orders and Deliveries website once finalized.

In addition to today’s announcement, BOC Aviation has ordered 167 737 airplanes, including 50 737 MAXs and 16 777s.

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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BOC Aviation and Boeing finalize an order for two additional 737-800s

BOC Aviation logo

Boeing (Chicago, Seattle and Charleston) and BOC Aviation have finalized an order for two additional 737-800s, valued at $186 million at current list prices.

The order is a part of the Singapore-based leasing company’s effort to grow its portfolio of fuel-efficient airplanes.

BOC Aviation, owned by Bank of China, is the leading global aircraft leasing company based in Asia, owning one of the youngest fleets in the industry with an average aircraft age of less than four years. These two aircraft add to BOC Aviation’s order of 82 Boeing aircraft in August, which comprised 80 737s, of which 50 are 737 MAXs, as well as two 777-300 ERs (Extended Range).

BOC Aviation delivers the first Airbus A320 to Vistara

Vistara say hello

Vistara (TATA SIA Airlines Limited) (Delhi) on September 25 announced that it has taken delivery of its first Airbus A320-200 single aisle aircraft with Sharklets. Airbus A320-232 VT-TTB (msn 6223) was handed over on September 24. The brand new aircraft is the first of 20 A320 Family aircraft to be leased from BOC Aviation, Asia’s leading aircraft operating lessor.

The aircraft’s arrival at Indira Gandhi International Airport, Delhi (below) is a key milestone for Vistara as it moves toward operational launch in October 2014.

Vistara first A320 arrives (Vistara)(LRW)

Photo: Vistara.

Vistara logo (large)

With this first acquisition, Vistara plans to increase its fleet to 20 aircraft, including A320neos, by the end of the fourth year of operation.

TATA SIA Airlines Limited, known by the brand name Vistara, is a joint venture between Tata Sons Limited and Singapore Airlines Limited (SIA) with Tata Sons holding the majority stake of 51% in the company and SIA holding the remaining 49%. Vistara brings together Tata’s and SIA’s legendary hospitality and renowned service excellence to launch the finest full service carrier in India aimed at creating memorable and personalized flying experiences for its customers. Obsessed with quality, the company aims to set new standards in the aviation industry in India, with international best practices and state-of-the-art technology in the Indian air transport sector.

Tata Air Lines DC-3

Above Photo: Vistara has a link to the previous Tata Air Lines on India.

BOC Aviation, owned by Bank of China, is headquartered in Singapore with offices in Dublin, London and Seattle.

Images: Vistara.

Vistara Tails

BOC Aviation orders 50 Boeing 737 MAX 8s, 30 Next-Generation 737-800s and two 777-300ERs

BOC Aviation logo

Boeing (Chicago and Seattle) announced today an order by BOC Aviation for 50 737 MAX 8s, 30 Next-Generation 737-800s and two 777-300ERs (Extended Range). The order, valued at $8.8 billion at list prices, is the largest in BOC Aviation’s 20-year history and part of the Singapore-based leasing company’s effort to grow its portfolio of fuel-efficient airplanes.

 

BOC Aviation orders 43 additional Airbus A320 Family aircraft

BOC Aviation A320neo (Airbus)(LRW)

BOC Aviation (Singapore), the aircraft leasing subsidiary of Bank of China, has announced an order for an additional 43 Airbus A320 Family aircraft, comprising seven A320neo Family aircraft and 36 A320ceo aircraft across A320 and A321 variants, at the Farnborough International Airshow 2014.

Including this latest purchase agreement, BOC Aviation’s cumulative orders for new Airbus aircraft have reached 255, as of June 30th 2014, 142 of these have already been delivered, and another 55 committed to lease.

As of June 30, 2014, BOC Aviation’s fleet of 251 aircraft includes 109 Airbus aircraft operated by 27 airlines. There are 98 A320 Family aircraft in the fleet.

Image: Airbus.