BOC Aviation has finalized an order for two additional Boeing 737-800s, in a deal which Boeing values at $186 million at current list prices.
The order forms part of the Singapore-based leasing company’s effort to grow its portfolio of fuel-efficient aircraft, according to Boeing Commercial Airplanes.
“Building on our order of 80 737 aircraft earlier this year, these two additional Next-Generation 737s enable us to respond to demand from airline customers which are expanding or replacing older fleets,” says Robert Martin, BOC Aviation’s managing director and chief executive officer.
“The 737 is known for its operational and fuel efficiency, and BOC Aviation expects continued healthy demand for the Next Generation 737 and 737 MAX,” adds Martin.
BOC Aviation, owned by Bank of China, is one of the largest aircraft leasing companies based in Asia, and according to Boeing owns one of the youngest fleets in the industry, BOC Aviation’s fleet boasting an average aircraft age of less than four years.
The two Boeing 737-800 jets ordered on December 18 add to an order that BOC Aviation placed in August for 82 Boeing aircraft.
This order comprised 80 737s, of which 50 are Boeing 737 MAX jets, as well as two 777-300ER widebodies.
The 737-800 is the best-selling version of the Boeing 737NG family.