BOC Aviation Purchases 11 Boeing 737 MAX 8 Aircraft

BOC Aviation, a global aircraft operating leasing company, has agreed to purchase 11 new 737 MAX 8 aircraft from Boeing Co BA. Financial terms were not disclosed.
The aircraft will be leased to Lynx Air on long-term leases and will be powered by CFM LEAP-1B engines and are scheduled for delivery in 2023 and 2024.
Additionally, Boeing announced a $2 million emergency assistance package to support humanitarian response efforts in Ukraine. The assistance package will be directed to organizations bringing food, water, clothing, medicine, and shelter to displaced Ukrainians.
Price Action: BA shares are trading lower by 3.47% at $190.94 on the last check Thursday.

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