BOC Aviation Limited has agreed to purchase 11 new 737 MAX 8 aircraft from Boeing. The company will be leasing the aircraft to Canadian carrier Lynx Air on long-term leases.
The aircraft will be powered by CFM LEAP-1B engines and are scheduled for delivery in 2023 and 2024.
“We are pleased to be partnering with BOC Aviation for the lease of 11 of our new aircraft,” said Merren McArthur, CEO, Lynx Air. “The financing of these aircraft is integral to our growth plans as we continue our mission to make air travel accessible to all Canadians. We are looking forward to welcoming Canadians on board these brand-new Boeing 737 MAX airplanes.”
Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation, said: “We are delighted to welcome Lynx as a new customer and are pleased to support the airline’s plans to serve the Canadian travel market with the most fuel-efficient, technologically advanced aircraft. This transaction demonstrates the innovative financing solutions that we provide for our global customer base and reflects our disciplined investment strategy focused on a portfolio of latest technology aircraft.”
