Akasa Air leases 737s from BOC Aviation

BOC Aviation announced it has agreed to purchase and leaseback three Boeing 737-8 aircraft to new customer Akasa Air on long-term operating leases. All aircraft will be powered by CFM LEAP-1B engines, with the first delivery scheduled for January 2026. “We are pleased to welcome Akasa as a new customer for BOC Aviation at this exciting stage of their development,” said Paul Kent, Chief Commercial Officer, BOC Aviation. “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.” Priya Mehra, Chief of Governance & Strategic Acquisitions, Akasa Air, 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.” CDB Aviation wraps up deal with Volaris CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (“CDB Leasing”), announced the completion of a mandate to deliver five Airbus A320neo Family aircraft to its long-standing customer, Volaris. CDB Aviation has to date delivered a total of 16 of the lessor’s aircraft assets on lease to the Mexican carrier. Under the most recent sale and leaseback transactions, the lessor has delivered two A320neo and three A321neo aircraft since July 2024. “We’re thrilled to be celebrating such a significant milestone with one of our largest airline customers globally and such a dominant player in the Central, North, and South American aviation markets,” said Jie Chen, CDB Aviation’s Chief Executive Officer. “Our strong partnership is reflective of both our team’s hard work, mutual trust, and commitment to collaboration, underscoring the importance of deepening relationships as partners who can trust and rely upon each other to execute. Our commercial team continues to work with airline customers, like Volaris, to deliver the right aircraft at the right scale that effectively empower airlines to advance their operational and fleet goals, while competing and growing successfully in today’s dynamic market environment.” “We deeply value our long-standing partnership with CDB Aviation and their continued trust in Volaris. The delivery of these new aircraft represents a significant step in our ongoing fleet optimisation strategy and reflects the solid collaboration between our organisations. Together, we have built a relationship grounded in shared goals and operational excellence, and we look forward to continuing to strengthen this alliance as we expand our network and deliver sustained value to our shareholders and customers across the region,” said Jaime Pous, Volaris’ Chief Financial Officer. For Editorial Inquiries Contact: Editor Matt Driskill at [email protected] For Advertising Inquiries Contact: Head of Sales Kay Rolland at [email protected]