BOC Aviation to Buy 10 Boeing 737 MAX 10 Aircraft
August 03 2017 - 12:56AM
Dow Jones News
By Joanne Chiu
BOC Aviation Ltd. (2588.HK) said Thursday that it has placed an
order for 10 new narrow-body Boeing planes in a deal valued at
$1.25 billion at list prices.
BOC Aviation, the aircraft-leasing arm of Bank of China Ltd.
(3988.HK), will buy 10 Boeing 737 MAX 10 jets from the U.S.
aircraft manufacturer. BOC Aviation didn't disclose the exact cost,
but customers typically get price concessions for aircraft
purchases.
The Hong Kong-listed firm said the jets will be delivered in
2021, and that it plans to fund the purchase with internal
resources including cash on hand and bank borrowings.
Write to Joanne Chiu at joanne.chiu@wsj.com
(END) Dow Jones Newswires
August 03, 2017 00:41 ET (04:41 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Boeing (NYSE:BA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Boeing (NYSE:BA)
Historical Stock Chart
From Apr 2023 to Apr 2024