05/31/2023 | Press release | Distributed by Public on 05/30/2023 19:32
31 May 2023
BOC Aviation Limited ("BOC Aviation" or the "Company") is pleased to announce that it has delivered a Boeing 737-8 aircraft for lease to Eastar Jet Co. Ltd ("Eastar"). The aircraft is powered by CFM LEAP-1B engines.
"We are pleased to participate in Eastar's growth story and to welcome it as a new customer as we continue to provide the latest technology aircraft," said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. "Korea and Asia-Pacific are markets that are recovering their vibrancy as they enjoy renewed growth and this transaction is emblematic of the demand from customers that we are working with."
"With the proactive cooperation of BOC Aviation, we were able to successfully deliver a Boeing 737-8 aircraft within the scheduled date," said Sang-Jong, Yoo, Chief Operating Officer of Eastar Jet. "We had experienced the operational efficiency of Boeing 737-8 by operating it for the first time in South Korea. Starting with this Boeing 737-8, we will expand our routes and initiate substantial business expansion."
About Eastar Jet
From its operating base at Gimpo in Seoul, Eastar Jet offers services to Jeju Island in Southern Korea. Eastar commenced operations in 2009 and now operates three Boeing 737-800 and one Boeing 737-8 aircraft. For more information, visit www.eastarjet.com.
About BOC Aviation
BOC Aviation is a leading global aircraft operating leasing company with a fleet of 635 aircraft owned, managed and on order. Its owned and managed fleet was leased to 86 airlines in 39 countries and regions worldwide as at 31 March 2023. BOC Aviation is listed on the Hong Kong Stock Exchange (HKEx code: 2588) and has its headquarters in Singapore with offices in Dublin, London, New York and Tianjin. For more information, visit www.bocaviation.com.