BOC Aviation Orders 120 Single-aisle Airbus, Boeing Planes [Barron's]
Boeing Company (The) (BA)
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Source: Barrons
The company said in a statement it ordered 70 A320NEO aircraft from Eurpope's Airbus and 50 737-8s from US rival Boeing. The Airbus planes are scheduled for delivery "through to 2032 and include conversion rights to other variants of the A320NEO family", BOC Aviation said. Delivery of the Boeing jets is set "through to 2031" and also includes conversion rights to other variants of the B737 family. No prices were revealed. "This transaction will lift our remaining Airbus orderbook to around 200 aircraft and takes our total Airbus aircraft deliveries to over 700 since our first order in 1996," BOC chief executive and managing director Steven Townend said. "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." Benoit de Saint-Exupéry, executive vice president for sales at Airbus' commercial aircraft business, described the deal as "significant investment" by BOC and "
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