BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has agreed to purchase and leaseback a further three Boeing 737-8200 aircraft to existing customer Akasa Air (“Akasa”) on long-term operating leases. All aircraft will be powered by CFM LEAP-1B engines, and all are scheduled for delivery by end-2026.
“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,” said Paul Kent, Chief Commercial Officer, BOC Aviation. “The Boeing 737-8200 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.”
Priya Mehra, Chief of Governance & Strategic Acquisitions, Akasa Air, said “We are pleased to further deepen our partnership with BOC Aviation through this second transaction that adds further three Boeing 737-8200 aircraft, which reflects a shared long-term conviction in Akasa Air’s growth trajectory and the strength of the Indian aviation market.
As a leading global aircraft lessor, BOC Aviation brings deep institutional expertise and a strong understanding of the evolving aviation landscape, making them an important strategic financing partner for Akasa Air. This agreement aligns with our disciplined approach to scaling the airline through a modern, fuel-efficient fleet while maintaining capital efficiency, financial flexibility, and long-term operational resilience.”
