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BOC Aviation announced that it has entered into a lease transaction involving 14 Boeing 737-8 aircraft with TUI Airways (TUI). All aircraft will be powered by CFM LEAP-1B engines and are scheduled to deliver in 2025 and 2026. “With this financing we are once more working with our existing customer, TUI, as it builds its fleet of new generation aircraft,” said Steven Townend, Chief Executive Officer and Managing Director, BOC Aviation. “With the delivery of these aircraft anticipated over the next two years, this transaction will contribute to our investment and revenue pipelines.”
TUI is the world’s leading tourism group. The broad portfolio gathered under the group umbrella consists of strong 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. It covers the entire tourism value chain under one roof. The TUI…
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