{"id":109018,"date":"2025-02-25T11:25:56","date_gmt":"2025-02-25T11:25:56","guid":{"rendered":"https:\/\/peraltafinancing.com\/aerospace\/boc-aviation-expands-fleet-with-acquisition-of-boeing-737-8-jets\/"},"modified":"2025-02-25T11:25:56","modified_gmt":"2025-02-25T11:25:56","slug":"boc-aviation-expands-fleet-with-acquisition-of-boeing-737-8-jets","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=109018","title":{"rendered":"BOC Aviation expands fleet with acquisition of Boeing 737-8 jets"},"content":{"rendered":"


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BOC Aviation has secured long-term leasing agreements for Boeing 737-8 aircraft with Arajet. Credit: Wirestock Creators\/Shutterstock.<\/figcaption><\/figure>\n<\/p><\/div>\n

Aircraft operating leasing company BOC Aviation has acquired five Boeing 737-8 aircraft from Boeing and has agreed to long-term lease arrangements for these aircraft with Arajet, a low-cost airline with operations in the Dominican Republic.<\/p>\n

The aircraft will utilise CFM LEAP-1B engines, with deliveries expected in 2026 and 2027.<\/p>\n

The Boeing 737 MAX family features advancements such as new technology winglets and efficient engines, which contribute to a 20% reduction in fuel consumption and emissions, as well as a 50% decrease in noise compared to previous models.<\/p>\n

With a capacity of up to 189 passengers, the aircraft is suitable for domestic, transborder, and international routes.<\/p>\n

The cabin design includes the Boeing Sky Interior, with features like sculpted sidewalls, window reveals, LED lighting, and larger overhead bins, aimed at improving the passenger experience.<\/p>\n

BOC Aviation CEO and managing director Steven Townend said: \u201cWe are delighted to be extending our relationship with Arajet with this latest transaction, as it develops its fleet and route network.<\/p>\n

\u201cAs these aircraft deliver, we continue to grow our future orderbook and to further build out our fleet of technologically advanced aircraft.\u201d<\/p>\n

Arajet founder and CEO Victor Pacheco said: \u201cWe value our partnership with BOC Aviation as we continue to consolidate our fleet and our footprint in the region.\u201d<\/p>\n

In 2024, BOC Aviation announced the acquisition<\/a> of six Airbus neo jets, including four A321neos and two A320neos, for long-term leasing to German carrier Condor, with deliveries slated for 2027 and 2028.<\/p>\n

In a related development, Aviation Capital Group (ACG) has delivered two Boeing 737-8 MAX aircraft, equipped with CFM International LEAP-1B engines, to Air India Express.<\/p>\n

These deliveries represent the third and fourth aircraft in a sale-leaseback deal involving multiple aircraft between ACG and the airline.<\/p>\n

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