BOC Aviation has delivered the last of seven new Boeing 737 MAX 8 aircraft for lease to TUI Travel Aviation Finance (TUI). All aircraft are powered by CFM LEAP-1B engines.
“We are very pleased to have expanded our relationship with BOC Aviation through these financing transactions, agreed in two tranches August 2020 and October 2020, with the completion of the deliveries in time for the peak summer season,” said Tom Chandler, Managing Director, Fleet and Asset Management, TUI Group. These additional Boeing 737 MAX aircraft are a valuable addition to our fleet, characterized by considerably lower fuel consumption and noise emissions than the aircraft that they replace.”
TUI is a world leading tourism group. The broad portfolio gathered under the group umbrella consists of tour operators, 1,600 travel agencies and leading online portals, five airlines with around 150 aircraft, over 400 hotels, 15 cruise liners and many incoming agencies in all major holiday destinations around the globe.
BOC Aviation has a fleet of 549 aircraft owned, managed and on order. Its owned and managed fleet was leased to 86 airlines in 38 countries and regions worldwide as of March 31 this year.
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