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Singapore Based Lessor Purchases Several 737 MAX Aircrafts


Boeing 737 MAX aircrafts

BOC Aviation a prime aircraft leasing company based out of Singapore has recently decided to purchase 737 MAX aircrafts on consignment for other airlines. Purchasing a total of 10 aircrafts the estimated costs are at 1.25 billion US dollars. Some prerequisites that were agreed upon were the signing of a MoU (memorandum of understanding)

The 737 MAX aircraft has been a prime competitor in the industry due its efficiency and potential. One of the many reasons that BOC chose this aircraft is due to low per seat costs. Being a single aisled aircraft it increases possibilities in the single aisle industry. The aircraft is enhanced with new features and the most innovative engine known as the LEAP-1B. Along with the integration of the new engine there are other improvements such as advanced technology winglets for better aerodynamics.

BOC aviation is very pleased with what BOEING is able to provide to their company. Per a statement made by managing director and CEO Robert Martin stated,” As a launch customer for the program, this demonstrates the strength of our relationship with Boeing and will help us continue to deliver superior solutions for our airline customers.”

BOC Aviation is one of the many companies that provide their customers with the most innovative aircrafts in the industry. Always placing their customers first to be able to supply the rest of the world.

Along with these purchases Boeing has other plans set for their innovative aircrafts. Teaming up with a Japanese Aerospace company (JAXA) to test long range light detection and ranging (LIDAR) technology.

Working on enhancing their remote sensing capabilities that would further help pilots be precautious about bizarre weather conditions.

With the help of the LIDARs technology, JAXA is able to read winds up to 17.5km in front of the aircraft.

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