Boeing and BOC Aviation, announced an order for 22 737 airplanes, building on the leasing companyâ€™s existing order book to fulfil customer demand.
The order consists of 11 Next-Generation 737-800s and 11 737 MAX 8 airplanes.
â€œThis order demonstrates our continued confidence in the Next Generation 737 aircraft for its proven high performance, reliability and asset value,â€ said Robert Martin, managing director and chief executive officer of BOC Aviation.
â€œThe Next Generation 737 economics are very attractive to our customers.
â€œWith the 737 MAX, we are investing in new technology aircraft to meet our customersâ€™ long-term fleet planning requirements.â€
â€œBOC Aviation has played an important role in the success of the 737 program and weâ€™re delighted they have again put their confidence in Boeing and the 737 family,â€ said Dinesh Keskar, senior vice president, Asia Pacific and India Sales, Boeing Commercial Airplanes.
â€œThis new order, on top of the 2014 order for 80 737s, is proof of BOC Aviationâ€™s leading position in the leasing market, providing its customers with the most reliable and fuel-efficient single-aisle airplanes.â€
The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.
The new single-aisle airplane will deliver 20 per cent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class â€“ 8 per cent per seat less than its nearest competitor.
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 September 2015.