BOC AVIATION PLACES EIGHT BOEING 737-8 AIRCRAFT WITH AIR CANADA

Press Release

BOC AVIATION PLACES EIGHT BOEING 737-8 AIRCRAFT WITH AIR CANADA

03 Jul 2024

Air Canada and BOC Aviation Limited ("BOC Aviation") are pleased to announce 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.

About BOC Aviation

BOC Aviation is a leading 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. For more information, visit www.bocaviation.com.

About Air Canada

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's Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the world's largest airline partner network of 45 airlines, plus through an extensive range of merchandise, hotel and car rental partners. Through Air Canada Vacations, it offers more travel choices than any other Canadian tour operator to hundreds of destinations worldwide, with a wide selection of hotels, flights, cruises, day tours, and car rentals. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using Air Canada's passenger and freighter aircraft. Air Canada aims to achieve an ambitious net zero emissions goal from all global operations by 2050. Air Canada shares are publicly traded on the TSX in Canada and the OTCQX in the US.

*******

For more information, please contact:
Timothy ROSS
Tel: +65 6325 9878
Mobile: +65 9837 9873
[email protected]
www.bocaviation.com

Public link

Please use the above public link if you want to share this noodl on another website.