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  • Joe Breitfeller

BOC Aviation Places Six Boeing 787-9s With Norse Atlantic Airways

BOC Aviation Limited has places six used Boeing 787-9 Dreamliners with Norse Atlantic Airways on lease. The aircraft are powered by Rolls-Royce Trent 1000 TEN engines and are scheduled to be delivered to Norse Atlantic in the Fourth quarter of 2021.

Boeing 787-9 Dreamliner - Courtesy Boeing

On Monday (August 2, 2021), BOC Aviation Limited announced the placement of six used Boeing 787-9 Dreamliners with Norwegian startup Norse Atlantic Airways. The aircraft are powered by Rolls-Royce Trent 1000 TEN engines and are scheduled for delivery to the carrier during the fourth quarter of 2021. Norse Atlantic Airways is an innovative new carrier planning on offering long-haul international low-cost carrier (LCC) service between Europe and the U.S. with a fleet of Boeing 787 Dreamliners. The airline was established in February 2021 and its shares were admitted for trading on Euronext Growth Oslo in April 2021.

In Monday’s announcement, BOC Aviation’s Managing Director and Chief Executive Officer, Robert Martin, said,

“We are delighted to welcome Norse as a new customer as we support the airline’s plans to serve the low-cost intercontinental market with fuel-efficient Boeing 787 Dreamliners. We look forward to building on this new relationship with Norse and working with the airline on its future fleet requirements. This transaction is also a testament to BOC Aviation’s strong aircraft placement capabilities throughout the business cycle.”

Also commenting on the aircraft placement, Norse Atlantic Airways’ Founder and Chief Executive Officer, Bjørn Tore Larsen, added, “We are pleased to expand our leasing relationships to include a lessor the caliber of BOC Aviation as we grow our fleet and continue to build our organization for take-off. We very much look forward to welcoming customers on both sides of the Atlantic on board these state-of-the-art aircraft as soon as demand for transatlantic travel resumes.”

Singapore-based BOC Aviation Limited (HKEX Code: 2588) is a leading global aircraft operating leasing company with a fleet of 549 owned, managed or ordered aircraft. As of March 31, 2021, the company’s owned and managed fleet was leased to 86 airlines in 38 countries and territories. In addition to their Singapore headquarters, BOC maintains offices in Dublin, London, New York and Tianjin. BOC Aviation Limited is a Member of The Bank of China Group.

Source(s): BOC Aviation Limited, Norse Atlantic Airways