BOC Aviation has finalized long-term operating leases for three Boeing 737-8 aircraft to Indian carrier Akasa Air, with scheduled deliveries beginning in January 2026. These aircraft will be powered by CFM LEAP-1B engines, supporting Akasa Air’s expansion efforts amid industry trends favoring modern, fuel-efficient fleets.
Paul Kent, Chief Commercial Officer at BOC Aviation, expressed confidence that this transaction underscores the airline’s ability to provide capital for fleet growth and meet customer demand. Priya Mehra, Akasa Air’s Chief of Governance & Strategic Acquisitions, emphasized that the partnership aligns with their sustainable growth strategy, focused on operational efficiency and passenger experience.
Additional Aircraft Financing Activities
Separately, CDB Aviation announced the delivery of five Airbus aircraft to Latin American operator Volaris, including two A320neo and three A321neo models. The Irish leasing arm of China Development Bank has now facilitated 16 aircraft leases to Volaris, reflecting a strong ongoing partnership. Officials highlighted mutual trust and a shared focus on operational excellence as foundations of their relationship.
These lease agreements exemplify continued confidence in fleet modernizations, driven by strategic needs for capacity increases and technological upgrades. Industry analysts view these deals as positive signals for the aircraft leasing market and airline expansion plans.
