BOC Aviation, a leading aircraft leasing company based in Singapore, has announced a firm order for 50 Boeing 737-8 aircraft. This acquisition expands the lessor’s 737 MAX portfolio to 215 aircraft, comprising both 737-8 and 737-9 models. The order increases BOC Aviation’s total Boeing order book to 139 unfilled orders.
Steven Townend, Chief Executive Officer and Managing Director of BOC Aviation, stated, “Our strong partnership with Boeing has led to this 50-aircraft order for the fuel-efficient Boeing 737-8 aircraft. With this transaction, we have commitments to purchase over 140 of these aircraft, which is the largest Boeing orderbook position in our history. This order will enable us to continue providing our airline customers with technologically advanced aircraft for their future fleet growth.”
The Boeing 737-8 is designed to seat between 162 and 210 passengers, depending on configuration, and offers a range of up to 3,500 nautical miles (6,480 kilometers). This versatility makes it suitable for various short- and medium-haul routes. The aircraft is known for its fuel efficiency, providing significant operational savings and reduced carbon emissions compared to previous-generation models.
Brad McMullen, Boeing’s Senior Vice President of Commercial Sales and Marketing, commented, “BOC Aviation’s latest investment in the 737-8 demonstrates the confidence lessors have in this airplane to meet continued air travel demand and improve fuel efficiency. The 737-8 is much sought after by airlines due to its unmatched versatility, generating significant operational savings because of lower fuel consumption.”
As global air travel continues to recover and grow, the demand for efficient, single-aisle aircraft like the 737-8 is expected to rise. BOC Aviation’s strategic investment positions the company to meet this demand and support airlines worldwide in modernizing their fleets.
Source: boeing.com
