Air Canada and BOC Aviation announced an agreement for the placement of eight Boeing 737-8 aircraft from BOC Aviation’s orderbook. All eight aircraft are powered by CFM LEAP-1B engines and are scheduled for delivery in 2024.
“We are pleased that Canada’s flag carrier, Air Canada, is working with us once again as it strengthens its network,” said Steven Townend, Chief Executive Officer and Managing Director. “Continued growth in passenger travel is stimulating demand for aircraft, which we have been able to address for Air Canada in this transaction with eight aircraft delivering from our 100% latest technology orderbook.”
“We look forward to these aircraft entering into service next year, upon the completion of their reconfiguration. These eight brand new, fuel and cost-efficient 737-8, will provide more fleet flexibility and additional capacity, while supporting one of our sustainability goals of mitigating emissions,” said Michael Rousseau, President and Chief Executive Officer of Air Canada.
BOC Aviation is a global aircraft operating leasing company with a fleet of 688 aircraft owned, managed and on order. Its owned and managed fleet was leased to 90 airlines in 45 countries and regions worldwide as at 31 March 2024. BOC Aviation is listed on the Hong Kong Stock Exchange (HKEx code: 2588) and has its headquarters in Singapore with offices in Dublin, London, New York and Tianjin.
Air Canada is Canada’s largest airline, the country’s flag carrier and a founding member of Star Alliance, the world’s most comprehensive air transportation network. Air Canada provides scheduled service directly to more than 180 airports in Canada, the United States and Internationally on six continents. It holds a Four-Star ranking from Skytrax. Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using Air Canada’s passenger and freighter aircraft.
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