BOC Aviation to Buy 10 Boeing 737 MAX 10 Jets
June 19 2017 - 5:26AM
Dow Jones News
By Gaurav Raghuvanshi
SINGAPORE--Boeing Co. (BA) Monday said BOC Aviation Ltd.
(2588.HK) has signed an initial pact to buy 10 of the latest Boeing
planes in an order valued at US$1.25 billion at list prices.
BOC Aviation, the Hong Kong-listed aircraft leasing arm of Bank
of China Ltd., will buy the Boeing 737 MAX 10 jets after securing
internal approvals, Boeing said in a statement. Boeing didn't
disclose the exact sale price but customers typically extract
discounts of nearly 30% over listed prices of planes.
BOC Aviation is among the first customers for the latest variant
of the single-aisle Boeing jets that was officially launched on
Monday at the Paris Air Show. Boeing has received orders and
commitments for 240 MAX 10 jets, it said. Other customers will be
announcing their orders throughout the week, it said.
Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@wsj.com
(END) Dow Jones Newswires
June 19, 2017 05:11 ET (09:11 GMT)
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