Boeing and BOC Aviation Expand Partnership with New Order for 50 737-8 Jets
Seattle, WA, March 30, 2025 – Boeing [NYSE: BA] and BOC Aviation have announced a significant expansion of their partnership with a new, firm order for 50 737-8 jets. This order increases BOC Aviation’s current 737 MAX portfolio to a total of 215 737-8s and 737-9s.
Boeing and BOC Aviation’s Long-Standing Collaboration
Boeing and BOC Aviation have enjoyed a long-standing business relationship. This new order builds upon previous agreements, which have seen BOC Aviation order a total of 285 737 MAX aircraft since 2018. With this latest deal, BOC Aviation will increase its Boeing order book to 139 unfilled orders.
Impact on BOC Aviation
This new order represents a strategic investment in BOC Aviation’s fleet expansion. The lessor will receive 50 brand-new, fuel-efficient 737-8 jets, which will contribute to their growing portfolio. These aircraft are expected to be delivered between 2026 and 2028.
Impact on the Aviation Industry
The aviation industry is currently undergoing a period of recovery following the devastating impact of the COVID-19 pandemic. This new order from BOC Aviation is a positive sign for the industry’s future. The lessor’s decision to invest in new aircraft demonstrates confidence in the market’s rebound and the enduring demand for air travel.
Impact on Consumers
For consumers, this order could lead to an increase in flight options and potentially lower fares. As BOC Aviation continues to expand its fleet, it may offer more routes and greater frequency on existing ones. This could result in increased competition among airlines, driving down prices and providing more affordable travel options.
Additional Information
- BOC Aviation is a Singapore-based aircraft lessor and the world’s largest owner and manager of jet aircraft based in the Asia Pacific region.
- The 737 MAX is a family of single-aisle aircraft with a capacity of up to 230 passengers.
- The 737 MAX offers significant fuel savings compared to previous generation aircraft, making it an attractive investment for airlines and lessors.
Conclusion
Boeing and BOC Aviation’s new order for 50 737-8 jets is a positive development for the aviation industry. This strategic investment in new aircraft demonstrates confidence in the market’s recovery and the enduring demand for air travel. For consumers, this order could lead to increased flight options and potentially lower fares. As the industry continues to rebound, we can expect to see more investments in new aircraft and innovative technologies that will shape the future of air travel.
