BOC Aviation has announced an agreement with Boeing to purchase 40 additional 737-8 jets as part of its strategy to purchase new, fuel-efficient, and environmentally sustainable aircraft.
According to Boeing, there is a strong market demand for the 737 MAX family, with more than 1,500 orders since late 2020. The 737-8 is designed to offer more fuel efficiency, reliability and flexibility in the single-aisle market. The aircraft can fly 3,500 nautical miles, believed to be around 600 miles farther than its predecessor, allowing airlines serve new and more direct routes for passengers. Compared to the airplanes it replaces, the 737-8 is said to deliver superior efficiency, using 20% less fuel and reducing CO2 emissions and operating costs.
David Walton, BOC Aviation deputy managing director and chief operating officer, said: “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. 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.”
Ryan Weir, vice president of Global Leasing Sales at Boeing Commercial Airplanes, commented: “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. We look forward to more opportunities to expand our relationship to support BOC Aviation and its customers.”
