In what often are the end-of-year deals, lessor BOC Aviation has ordered forty more Boeing MAX 8s just three days before 2022 draws to a close. BOC Aviation doubles MAX 8-portfolio to eighty.
The latest order doubles BOC’s MAX backlog to eighty aircraft and secures delivery slots for 2027 and 2028. The lessor is seeing continued strong demand from customers for new-technology airliners. “We look forward to continuing to provide one of the industry’s most technologically advanced aircraft for delivery on lease to our airline customers, to support their sustainable growth over the balance of this decade,” said BOC Aviation Deputy Manager and Chief Operating Officer, David Walton, in a media statement.
The lessor’s order history for the MAX has seen many fluctuations over the years. BOC Aviation placed its first MAX order for fifty aircraft in August 2014, followed by another for eleven in 2015, two orders for a combined 22 aircraft in 2017, and another one for eleven aircraft in 2018. But it canceled thirty aircraft in June 2020, only to place an order in March this year again for eleven MAX 8s for placement with Canadian low-cost airline Lynx in 2023 and 2024. It also placed seven MAX 8s that were delivered to Turkish Airlines this year and seven to TUI in 2021. In 2020, it did a purchase and leaseback for ten MAX 8s with Southwest Airlines. BOC Aviation delivered its first MAX in May 2018, to Corendon Airlines.
In April, BOC Aviation ordered eighty Airbus A320neo family aircraft for delivery between 2027 and 2029, including fifty A321neo’s, twenty A320neo’s, and ten A321XLRs. This was then the biggest single order by the Singapore-based company.
