BOC Aviation Signs Purchase-And-Leaseback Agreement With Southwest Airlines For 10 Boeing 737 MAX 8 Aircraft
11 May 2020
BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has signed a purchase-and-leaseback agreement with Southwest Airlines for 10 Boeing 737 MAX 8 aircraft. All 10 aircraft are powered by CFM LEAP-1B engines.
Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation, said: “We are delighted to be working with Southwest Airlines once again, building on a long-term relationship that dates back to 2008. This is the sixth major aircraft investment that we have announced this year, which reflects our Company’s ability to provide innovative financing solutions for large-volume transactions and our commitment as a global partner to our airline customers.”
About BOC Aviation
BOC Aviation is a leading global aircraft operating leasing company with a fleet of 567 aircraft owned, managed and on order. Its owned and managed fleet was leased to 92 airlines worldwide in 40 countries and regions as at 31 March 2020. 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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