Southwest and BOC sign purchase and leaseback agreement for ten 737 MAX

Southwest and BOC sign purchase and leaseback agreement for ten 737 MAX:

11 May 2020: Southwest Airlines and BOC Aviation Limited have signed a purchase-and-leaseback agreement for 10 Boeing 737 MAX aircraft powered by CFM LEAP-1B engines.

Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation said, "We are delighted to be working with Southwest Airlines once again, building on a long-term relationship that dates back to 2008. This is the sixth major aircraft investment that we have announced this year, which reflects our Company's ability to provide innovative financing solutions for large-volume transactions and our commitment as a global partner to our airline customers."