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Avolon agrees to buy 75 Boeing aircraft, may order 20 more

Delivery of the aircraft to take place between 2021 and 2024

Reuters  |  Hong Kong 

Chinese aircraft leasing company Bohai Capital said on Sunday its Avolon Aerospace Leasing Ltd subsidiary had agreed to buy 55 B737 MAX 8 and 20 B737 MAX 10 aircraft from Boeing, and may order an additional 20 M737 MAX 8, with a total list value of around $11 billion. Bohai's Avolon, part of aviation-to-shipping conglomerate HNA Group, had signed a memorandum of understanding (MoU) at the Paris Airshow in June for 75 Boeing 737 MAX 8 aircraft and said it was considering Boeing's 737 MAX 10 models. Bohai Capital said Avolon expected to take delivery of the aircraft ...

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First Published: Sun, November 19 2017. 19:21 IST