BOC Aviation Ltd (BCVVF,2588.HK), an aircraft operating leasing company, Wednesday said that it has signed an agreement with Indian low-cost airline Akasa Air for the purchase and leaseback of three additional Boeing 737-8200 aircraft under long-term operating leases.
The aircraft, all powered by CFM International LEAP-1B engines, are scheduled to be delivered by the end of 2026, the company said in an official statement.
Commenting on the agreement, Paul Kent, Chief Commercial Officer, BOC Aviation, said, "Following our successful transaction last November, we are pleased to be executing a further agreement with Akasa as it builds its business in India and beyond. The modern Boeing 737 family on which it is centering its fleet development remains one of the world's most popular single-aisle jets, demonstrates industry-leading fuel efficiency, and is a cornerstone of our orderbook."
On the Hong Kong Exchange, 2588.HK is down 1.2 percent on Wednesday's trading at HK$77.000.
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