Singapore-based aircraft leasing firm BOC Aviation has announced a large new order of narrowbody aircraft, with both Boeing and Airbus sharing the spoils of the new contracts. On March 31, 20256, the leasing giant confirmed commitments for 70 new Airbus A320neo family aircraft, while Boeing has benefited too, with an order for 50 new Boeing 737 MAX 8 twin-engine jets.

Both orders also include conversion rights to other variants of the respective narrowbody aircraft, according to a BOC Aviation statement. The aircraft will be used to bolster the lessor’s short-haul fleet of aircraft that will be made available for lease to the company’s growing list of existing clients plus potential new customers.

In terms of the Airbus order, the new aircraft are scheduled for delivery through to 2032 and can be converted from the A320neo into other variants of the same family, which includes the various sub-types of the larger A321.

BOC Aviation
Airbus

“This transaction will lift our remaining Airbus order book to around 200 aircraft and takes our total Airbus aircraft deliveries to over 700 since our first order in 1996,” said Steven Townend, Chief Executive Officer and Managing Director of BOC Aviation. “This order solidifies our position as one of the top five global aircraft operating lessors and provides us with a strong delivery pipeline into the next decade. We look forward to providing more airline customers with this popular fuel-efficient and technologically advanced aircraft.”

Benoit de Saint-Exupéry, Airbus EVP Sales of the Commercial Aircraft business added, “This new major order by BOC Aviation is a testament to its enduring confidence in the A320 family, the world’s most successful single-aisle aircraft. This significant investment makes BOC Aviation one of the largest Airbus customers and highlights the strong and continued market demand for our fuel-efficient aircraft and their long-term value. The A320 family delivers exceptional benefits to operators, and we look forward to continuing our collaboration with BOC Aviation, providing airlines with cutting-edge fleet solutions.”

Meanwhile, the oder placed by BOC for 50 737 MAX 8 aircraft also allows for conversion to the larger MAX 9 and MAX 10s and will see the new being scheduled for delivery through to 2031. BOC Aviation currently has 215 Boeing 737 MAX family aircraft in its portfolio which comprises the 737 MAX 8s and higher capacity 737 MAX 9.

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