Singapore-based BOC Aviation orders 22 Boeing jets for $3.2b

They’re all from the 737 family.

BOC Aviation, a global aircraft leasing company based in Singapore, has placed an order for 22 Boeing 737 family aircraft scheduled for delivery from 2018 to 2021.

The order is made up of 11 Boeing Next Generation 737-800 aircraft and 11 Boeing 737 MAX 8 aircraft. The Next Generation 737-800 aircraft will be powered by CFM 56 engines.

BOC Aviation’s first Boeing 737 MAX aircraft will join the fleet in 2019, from an earlier order for 50 such aircraft placed in 2014.

Based on Boeing’s list prices, the order translates to roughly $3.2 billion (US$2.3b).

BOC Aviation has a portfolio of 253 owned and managed aircraft operated by 59 airlines worldwide in 29 countries, with commitments to acquire 203 aircraft, as of 30 September 2015. BOC Aviation, owned by Bank of China, is based in Singapore with offices in Dublin, London, Seattle and Tianjin.