BOC Aviation has signed with Boeing to purchase 11 more 737 Max aircraft.
The jets will be delivered in 2019 and 2020, according to a statement made by BOC in a stock exchange statement.
BOC has also entered into long-term leases with an undisclosed airline for two of the jets. For the remaining nine aircraft, the airline has the option to either take them on long-term leases from BOC Aviation, or to purchase them at the time of delivery.
Before this order, BOC Aviation already owned two 737 Max and had another 82 of the type on order, in its portfolio.
Have you ever been driving on a highway when the driver in front of you suddenly slams on the brakes? This happened to me recently, and I immediately hit my brakes, checked my mirrors and prayed that the guy behind... read more
Equipment finance and leasing industry observers know 2018 has been a good year for U.S. business. And the construction industry is no exception. But before taking a closer look at this important segment, it is crucial to understand its scope.... read more