United sells 22 jets for leaseback including 787s
By David Kaminski-Morrow19 April 2020
United Airlines is selling six Boeing 787-9s and 16 737 Max jets in a leaseback deal with the US division of Singaporean lessor BOC Aviation.
BOC Aviation has disclosed the details of the transaction to the Hong Kong stock exchange.
It states that the transaction covering the 22 aircraft is set to close this year.
All the 737s involved are the Max 9 variant. BOC Aviation has not identified the specific 787 or 737 airframes to which the agreement pertains.
“The company will enter into long-term leases with the airline in respect of the aircraft,” says the lessor.
Cirium fleets data lists United as having 14 in-service 737 Max jets, all grounded since last year, plus 28 787-9s of which 10 are in storage as a result of the coronavirus situation.
BOC Aviation states that its leasing fleet, at the end of March, comprised 567 aircraft either owned, managed or on order.