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BOC Aviation Places Three Boeing 737-8 MAX Aircraft on Lease to Akasa Air

BOC Aviation has announced that they have agreed to purchase and leaseback three Boeing 737-8 MAX jets to new customer Akasa Air on long-term operating leases.


Akasa Air Boeing 737-8 MAX - Courtesy Akasa Air
Akasa Air Boeing 737-8 MAX - Courtesy Akasa Air

On Tuesday (November 4, 2025), BOC Aviation Limited announced that they have agreed to purchase and leaseback three Boeing 737-8 MAX aircraft to new customer Akasa Air on long-term operating leases.  All aircraft will be powered by CFM LEAP-1B engines, and the first delivery is scheduled for January 2026.


In Tuesday’s announcement, BOC Aviation’s Chief Commercial Officer, Paul Kent, said,


“We are pleased to welcome Akasa as a new customer for BOC Aviation at this exciting stage of their development.  The Boeing 737-8 is one of the world’s most popular single-aisle jets, and this transaction leverages our ability to provide capital to support our customers’ fleet expansion.”


Also commenting on the sale and leaseback transaction, Akasa Air’s Chief of Governance & Strategic Acquisitions, Priya Mehra, said,


“We are pleased to partner with BOC Aviation, a globally reputed lessor with deep expertise in aircraft financing and asset management, strengthening Akasa Air’s long-term growth strategy and our continued commitment to expanding connectivity in both domestic and international markets. At Akasa Air, our fleet expansion is guided by a disciplined and sustainable approach, ensuring operational efficiency while delivering a reliable and differentiated flying experience for our passengers.”


Singapore-based BOC Aviation Limited (HKEX Code: 2588) is a leading global aircraft operating leasing company with a portfolio of 812 owned, managed or ordered engines and aircraft.  As of June 30, 2025, the company’s owned and managed fleet was leased to 88 airlines in 46 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: BOC Aviation Limited

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