News Release
Issued: Dec 27, 2022 (7:30pm EST)
To view this
release online and get more information about Boeing, visit: https://boeing.mediaroom.com/2022-12-27-BOC-Aviation-Announces-Order-for-40-Additional-Boeing-737-8-Jets
BOC Aviation Announces Order for 40 Additional Boeing 737-8
Jets
- Order will support narrowbody market demand as air travel
continues to recover
- 737-8 fuel efficiency and reliability support BOC
Aviation's growth strategy
- More than 1,500 gross orders for 737 MAX family since late
2020
Photos(1)
SEATTLE, Dec. 27, 2022 /PRNewswire/ -- BOC
Aviation Limited and Boeing [NYSE:BA] today announced that the airplane lessor
is growing its 737 MAX portfolio with an order for 40 additional 737-8 jets.
With the order, BOC Aviation is advancing its strategy of purchasing new,
fuel-efficient, environmentally sustainable airplanes that are in demand with
airline customers.
"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," said David Walton, BOC Aviation deputy managing director and
chief operating officer. "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."
Boeing continues to see
strong market demand for the 737 MAX family, with more than 1,500 gross orders
since late 2020.
"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,"
said Ryan Weir, vice president of Global Leasing Sales, Boeing Commercial
Airplanes. "We look forward to more opportunities to expand our
relationship to support BOC Aviation and its customers."
The 737-8 is designed to
offer more fuel efficiency, reliability and flexibility in the single-aisle
market. The airplane can fly 3,500 nautical miles – about 600 miles farther
than its predecessor – allowing airlines to profitably serve new and more
direct routes for passengers. Compared to the airplanes it replaces, the 737-8
also delivers superior efficiency, using 20% less fuel and significantly
reducing CO2 emissions and operating costs.
As a leading global aerospace
company, Boeing develops, manufactures, and services commercial airplanes,
defense products, and space systems for customers in more than 150 countries.
As a top U.S. exporter, the company leverages the talents of a global supplier
base to advance economic opportunity, sustainability, and community impact. Boeing's
diverse team is committed to innovating for the future, leading with
sustainability, and cultivating a culture based on the company's core values of
safety, quality, and integrity. Join our team and find your purpose at
boeing.com/careers.
BOC Aviation is a leading
global aircraft operating leasing company with a fleet of 612 aircraft owned,
managed and on order. Its owned and managed fleet was leased to 81 airlines in
38 countries and regions worldwide as of 30 September 2022. BOC Aviation is listed
on the Hong Kong Stock Exchange (HKEx code: 2588) and has its headquarters in
Singapore with offices in Dublin, London, New York and Tianjin. For more
information, visit www.bocaviation.com.
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