BOC Aviation, a leading aircraft leasing company based in Singapore, has expanded its partnership with Boeing by signing an agreement to purchase 50 new B737-8 aircraft. This move is part of BOC Aviation’s strategic initiative to modernize its fleet with more fuel-efficient and technologically advanced aircraft.
BOC Aviation, a prominent Singapore-based aircraft leasing company, has announced a significant agreement with Airbus for the purchase of 70 aircraft from the A320neo family. This deal underscores BOC Aviation’s commitment to expanding its fleet with modern, fuel-efficient aircraft while bolstering its offering to airline customers globally.
Norwegian, one of Europe’s largest low-cost carriers, has announced an agreement to purchase ten Boeing 737-800 aircraft that are currently part of its leased fleet. The airline will fund the transaction using cash on hand, with the deal expected to be finalized in Q1 2025.
Mexicana, Mexico’s revived flag carrier, has reportedly cost taxpayers more than $1.72 billion during its first year of operations, as disclosed by a government agency. This figure includes expenses related to the purchase of 20 Embraer E2 aircraft, part of the airline’s fleet modernization strategy.
The Secretaría de la Defensa Nacional (Sedena), the governmental department overseeing Mexicana, has increased its budget request to US$1.0 billion to finance the purchase of 20 Embraer E2 aircraft currently on order. This significant investment highlights Sedena’s ambition to modernize Mexicana’s fleet and enhance its operational capacity.
Jazeera Airways (Kuwait) has announced plans to acquire six Airbus A320s currently leased and operating as part of its fleet. This strategic decision underscores the airline’s commitment to solidifying its asset base and enhancing fleet ownership as part of its long-term growth strategy.
Hainan Airlines Holding Co., based in China, has announced plans to acquire 40 COMAC ARJ21-700 aircraft in a deal valued up to $1.5 billion. These aircraft are intended for Urumqi Air, a Hainan Airlines subsidiary, with deliveries spanning from 2025 through 2032. The ARJ21-700, developed by COMAC (Commercial Aircraft Corporation of China), is a regional jet well-suited for domestic routes, particularly in less…
