BOC Aviation Orders 22 Boeing Aircraft

BOC Aviation has ordered 22 Boeing 737 airplanes, building on the leasing company's existing order book to fulfill customer demand.

The order consists of 11 Next-Generation Boeing 737-800s and 11 B737 MAX 8 airplanes.

"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 this latest order, BOC Aviation has ordered 167 Boeing 737 airplanes, including 50 B737 MAXs and 16 B777s.

"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."

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