FLEET - Boc Aviation Signs Second Lease Transaction With Akasa Air For Additional Three Boeing 737-8200 Aircraft

BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has agreed to purchase and leaseback a further three Boeing 737-8200 aircraft to existing customer Akasa Air (“Akasa”) on long-term operating leases. All aircraft will be powered by CFM LEAP-1B engines, and all are scheduled for delivery by end-2026.

“Following our successful transaction last November, we are pleased to be executing a further agreement with Akasa as it builds its business in India and beyond,” said Paul Kent, Chief Commercial Officer, BOC Aviation. “The modern Boeing 737 family on which it is centering its fleet development remains one of the world’s most popular single-aisle jets, demonstrates industry-leading fuel efficiency and is a cornerstone of our orderbook.”

Priya Mehra, Chief of Governance & Strategic Acquisitions, Akasa Air said, “we are pleased to further deepen our partnership with BOC Aviation through this second transaction that adds further three Boeing 737-8200 aircraft, which reflects a shared long-term conviction in Akasa Air’s growth trajectory and the strength of the Indian aviation market.

As a leading global aircraft lessor, BOC Aviation brings deep institutional expertise and a strong understanding of the evolving aviation landscape, making it an important strategic financing partner for Akasa Air. This agreement aligns with our disciplined approach to scaling the airline through a modern, fuel-efficient fleet while maintaining capital efficiency, financial flexibility, and long-term operational resilience.”
BOC Aviation