Subscribers

Boeing wins US$8.5b SMBC Aviation order on growing Asian jet demand

Tokyo

BOEING Co has won an US$8.5 billion order from Japanese lessor SMBC Aviation Capital Ltd as Asian aircraft-leasing companies bet on demand for new planes to serve the region's travel growth.

The order is for 80 737 Max 8 models for delivery between 2018 and 2022, the lessor said in a statement in Tokyo on Monday. The contract value is based on list prices and purchasers usually get a discount. The deal is the largest single order of 737 Maxs by a lessor, according to the statement.

Monday's agreement...

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes