Majority state-owned global lessor BOC Aviation has announced that it has placed an order with Boeing for 40 more of its fuel-efficient 737 MAX 8 aircraft. The aircraft are scheduled for delivery during 2027 and 2028. This takes BOC's total order book with Boeing for the 737 MAX 8 to 80 aircraft.
Originally known as Singapore Aircraft Leasing Enterprise (SALE) and established by the flag-carrying Singapore Airlines along with Boullioun Aviation Services, a U.S.-based aircraft operating leasing company, the company was acquired by the Bank of China in 2006 and subsequently renamed BOC Aviation to reflect the name of its new owner.
The global lessor is based in Singapore and also has offices in Dublin, London, New York and Tianji in Northern China. Based on the value of its 612 aircraft which are either owned, managed or on order, BOC Aviation is the largest aircraft lessor based in Asia while its owned and managed fleet as at September 30, 2022, was leased to 81 airlines in 38 countries and regions worldwide.
