tiprankstipranks
Company Announcements

BOC Aviation Expands Fleet with New Boeing 737-8 Deal

Story Highlights
BOC Aviation Expands Fleet with New Boeing 737-8 Deal

BOC Aviation ( (HK:2588) ) just unveiled an announcement.

BOC Aviation Limited has announced a transaction involving the purchase of five Boeing 737-8 aircraft from The Boeing Company, with deliveries scheduled between 2026 and 2027. The company has secured long-term leases for these aircraft with Arajet S.A., a commercial airline based in the Dominican Republic, marking a strategic move to enhance its leasing portfolio.

More about BOC Aviation

BOC Aviation Limited is a leading global aircraft operating leasing company with a portfolio of 709 aircraft and engines owned, managed, or on order as of December 31, 2024. The company, incorporated in Singapore, engages primarily in the leasing of aircraft and related activities.

YTD Price Performance: 1.33%

Average Trading Volume: 606

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.31B

For an in-depth examination of 2588 stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1