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.
BOC Aviation (Singapore) has announced its 2024 financial results, reporting total revenues and other income of $2.6 billion, reflecting a 4% year-on-year increase. The company’s net profit after tax surged 20.9% to $924 million, demonstrating strong financial performance and leasing demand. Additionally, BOC Aviation maintained a robust liquidity position of $6.5 billion, reinforcing its financial stability and investment capacity.
Jordan Airmotive has successfully delivered a CFM56-5B engine to BOC Aviation (Singapore), further solidifying its reputation as a trusted provider of engine maintenance, repair, and overhaul (MRO) services. This delivery highlights Jordan Airmotive’s expertise in servicing high-demand commercial aircraft engines, ensuring reliability and efficiency for its leasing and airline partners.
BOC Aviation, a leading Singapore-based global aircraft leasing company, has announced the appointment of Wen Lanas its new Chief Financial Officer (CFO), effective March 1, 2025. She succeeds Wu Jianguang, who is retiring after a tenure overseeing the company’s financial operations.
BOC Aviation Limited, a Singapore-based aircraft leasing company, has announced the purchase of five Boeing 737-8 aircraft from The Boeing Company. These aircraft will be leased on a long-term basis to Arajet S.A., a low-cost carrier based in the Dominican Republic. The deliveries are scheduled for 2026 and 2027, and all aircraft will be powered by CFM LEAP-1B engines.
Air Canada has expanded its fleet with the addition of a Boeing 737-8 aircraft, bearing serial number 66476 and powered by LEAP-1B27 engines.
BOC Aviation (Singapore) has expanded the responsibilities of Paul Kent, its Chief Commercial Officer (CCO), to include oversight of the company’s global airline leasing and sales teams. This expansion consolidates the leasing and sales functions in the Asia-Pacific and Middle East regions under his leadership, integrating them with his existing responsibilities.
BOC Aviation (Singapore) has released details of its transactions for the fourth quarter of 2023 and its projections for 2024, highlighting strong growth and activity across its operations.
AirSial (Pakistan) is enhancing its operations with the acquisition of additional aircraft to meet its growing demand. The airline has signed an agreement to lease two Airbus A320s from AerCap (Ireland), which will increase the carrier’s fleet to nine aircraft upon delivery. These additions are part of AirSial’s strategy to strengthen its capacity and network.
