BOC Aviation orders 120 Airbus, Boeing jetliners

Global aircraft lessor BOC Aviation has placed a firm order with Airbus for an additional 70 Airbus A320neo family aircraft. With this order, BOC Aviation’s backlog of aircraft to be delivered becomes the largest in its history with Airbus.

“This transaction will lift our remaining Airbus orderbook to around 200 aircraft and takes our total Airbus aircraft deliveries to over 700 (including purchase and leasebacks) since our first order in 1996,” said Steven Townend, CEO and managing director, 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.”

The Airbus aircraft are scheduled for delivery to 2032 and include conversion rights to other variants of the A320neo family, according to BOC Aviation.

Benoit de Saint-Exupéry, Airbus EVP Sales of the Commercial Aircraft business said, "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.

Boeing

BOC Aviation simultaneously placed a firm order for 50 Boeing 737-8 jets, expanding the lessor's 737 MAX portfolio to 215 B737-8s and B737-9s.

The Boeing aircraft are scheduled for delivery through to 2031 and include conversion rights to other variants of the Boeing 737 family.

BOC Aviation currently has 69 737 MAX airplanes on operating leases to more than 15 airlines worldwide. The latest addition will increase its Boeing order book to 139 unfilled orders.

"Our strong partnership with Boeing has led to this 50-aircraft order for the fuel-efficient Boeing 737-8 aircraft. With this transaction, we have commitments to purchase over 140 of these aircraft, which is the largest Boeing orderbook position in our history," Townend said. "This order will enable us to continue providing our airline customers with technologically advanced aircraft for their future fleet growth."

"BOC Aviation's latest investment in the 737-8 demonstrates the confidence lessors have in this airplane to meet continued air travel demand and improve fuel efficiency," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing.

BOC Aviation has a portfolio of more than 800 aircraft and engines owned, managed, and on order. Its owned and managed fleet as of the end of 2024 was leased to 92 airlines in 48 countries and regions worldwide. Its headquarters are in Singapore with offices in Dublin, Ireland; London, UK; New York, U.S.; and Tianjin, China.