Singapore’s Scoot to lease four A321neos from BOC Aviation

Singapore-based lessor BOC Aviation will place four Airbus A321neos with locally headquartered LCC Scoot Airlines. The deal was among several recent orders and deliveries announced by lessors. Scoot, a new customer for BOC Aviation, is scheduled to take delivery of the Pratt & Whitney PW1100G-JM-powered aircraft in the second half of 2020. The carrier has 16 A321neos on order, 10 of which will be leased. “Low-cost travel continues to enjoy strong demand, and Scoot’s selection of the A321neo allows it to leverage this growth and further develop its regional network,” BOC Aviation managing director and CEO Robert Martin said. The new aircraft “will inject growth possibilities to our network plans for 2020 and beyond,” Scoot CEO Lee Lik Hsin said. Elsewhere in Asia, GE Capital Aviation Services (GECAS) has delivered the first of four A320neos to China’s Hongtu Airlines. Hongtu Airlines, operating as Air Travel, announced at the 2018 Farnborough Air Show that it planned to take four of the new-technology narrowbodies from GECAS. The delivery marks the first LEAP-powered A320neo to enter service with the Kunming-based airline, which has more than doubled its fleet in the past year, with nine A320-family aircraft in service.<br/>
ATW
https://atwonline.com/leasing/singapore-s-scoot-lease-four-a321neos-boc-aviation
8/2/19