Prnewswireยท2025-03-31 00:56Core Viewpoint - Boeing and BOC Aviation have announced a firm order for 50 737-8 jets, expanding BOC Aviation's 737 MAX portfolio to 215 aircraft, indicating strong demand for fuel-efficient jets in the aviation market [1][2]. Company Summary - BOC Aviation's CEO stated that this order represents the largest Boeing order book position in the company's history, with commitments to purchase over 140 737 MAX aircraft [2]. - BOC Aviation will increase its Boeing order book to 139 unfilled orders and currently operates 69 737 MAX airplanes leased to over 15 airlines globally [5]. Industry Summary - Single-aisle jets are projected to account for 75% of global deliveries over the next 20 years, as lessors aim to support airlines' fleet growth and replace older, less-efficient jets [2]. - More than 1,200 737 MAX jets have been ordered by lessors to replace up to 300 Next-Generation 737s that are expected to retire from passenger operations by the end of the decade [2]. - The 737-8 is recognized for its versatility and operational savings due to lower fuel consumption, making it a preferred choice for airlines [3].