BOC Aviation places orders for five A321ceo aircraft

BOC Aviation, the Singapore-based global aircraft leasing company has placed a firm order for five more A321 aircraft in addition to an order announced in January for 30 A320 Family aircraft which included 15 A321s (eight A321neo and seven A321ceo).

“We have increased our order for the A321 in response to the market trend and appetite for larger capacity single-aisle aircraft,” said Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation. “Our incremental order reflects the continued popularity, confidence and reliability of the A320 Family among our customers.”

“The A320 Family aircraft is a sound financial asset as confirmed by leading lessor BOC Aviation, based in the world’s fastest growing aviation market,” said John Leahy, Airbus Chief Operating Officer Customers. “This order also confirms the trend by customers to increase capacity by upsizing to larger aircraft models.”

BOC Aviation is one of Airbus’ top 10 customers. Including this latest purchase agreement, BOC Aviation’s cumulative orders to date for new Airbus aircraft have reached a total of 311 aircraft, comprising of 12 A330s of which five are freighters, and 299 A320 Family including 67 A321s (16 A321neo and 51 A321ceo).

With more than 12,700 aircraft ordered, and more than 7,150 aircraft delivered to more than 400 customers and operators worldwide, Airbus’ A320 Family is the world’s best-selling single-aisle aircraft family.

Source : Airbus Website

BOC Aviation Announce Order for 22 737s

Deal for 11 Next-Generation 737s and 11 737 MAX 8s fulfills growing customer demand for new technology, fuel efficient airplanes

SINGAPORE, Nov. 24, 2015 /PRNewswire/ — Boeing (NYSE: BA) and BOC Aviation, 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.

“This order demonstrates our continued confidence in the Next Generation 737 aircraft for its proven high performance, reliability and asset value,” said Robert Martin, managing director and chief executive officer of BOC Aviation. “The Next Generation 737 economics are very attractive to our customers. With the 737 MAX, we are investing in new technology aircraft to meet our customers’ long-term fleet planning requirements.”

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

“BOC Aviation has played an important role in the success of the 737 program and we’re delighted they have again put their confidence in Boeing and the 737 family,” said Dinesh Keskar, senior vice president, Asia Pacific and India Sales, Boeing Commercial Airplanes. “This new order, on top of the 2014 order for 80 737s, is proof of BOC Aviation’s leading position in the leasing market, providing its customers with the most reliable and fuel-efficient single-aisle airplanes.”

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The new single-aisle airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class – 8 percent per seat less than its nearest competitor.

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 ofChina, is based in Singapore with offices in Dublin, London, Seattle and Tianjin.

Contacts:

Joanna Pickup
International Communications
Boeing Commercial Airplanes
+1 425-879-6077
joanna.pickup@boeing.com

Claire LEOW
Tel: +65 6325 9638
Claire.leow@bocaviation.com
www.bocaviation.com

SOURCE : Boeing Website

BOC Aviation Finalize Order for Two Additional 737-800s

SEATTLE, Dec. 18, 2014 /PRNewswire/ — Boeing [NYSE: BA] 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.

“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,” said Robert Martin, BOC Aviation 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.”

“BOC Aviation has played an important role in the success of the Next-Generation 737 and we are excited to continue our relationship with their order of two additional 737-800s,” said Dinesh Keskar, senior vice president, Asia Pacific and India Sales, Boeing Commercial 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 777-300ERs (Extended Range).

The 737-800 is the best-selling version of the highly successful Next-Generation 737 family, the most technologically advanced airplanes in the single-aisle market. The Next-Generation 737’s market success has been confirmed by investors who consistently rank it as the most preferred single-aisle airplane due to its wide market base, superior performance efficiency and lowest operating costs in its class. The Next-Generation 737 has accumulated more than 6,800 orders from customers worldwide.

Contact:
Joanna Pickup
International Communications
Boeing Commercial Airplanes
+1 425-879-6077
joanna.pickup@boeing.com

Jay Krishnan
Corporate Communications
Boeing Southeast Asia
+65 6883 9809
jay.krishnan@boeing.com

Claire Leow
BOC Aviation Communications
+65 6325 9638
claire.leow@bocaviation.com

SOURCE :Boeing