BOC Aviation has signed a second lease agreement with Indian carrier Akasa Air covering three additional Boeing 737-8200 aircraft, expanding the airline’s pipeline of new-generation narrowbodies.
The deal builds on an earlier leasing transaction between the lessor and the Mumbai-based airline, which operates a growing fleet of Boeing 737 MAX-family jets on domestic and short-haul regional routes. The 737-8200, a high-density variant of the 737 MAX 8, offers improved fuel efficiency and lower emissions per seat, features that are central to many carriers’ fleet renewal plans.
The additional leased aircraft are expected to support Akasa Air’s capacity growth in India’s competitive domestic market and on near‑international routes, where demand has rebounded strongly. For BOC Aviation, the agreement expands its exposure to the Indian market, one of the fastest‑growing aviation sectors globally.
Specific delivery timelines and financial terms of the leases were not disclosed, but the transaction underscores continuing lessor confidence in both the 737 MAX platform and the long‑term demand outlook for air travel in India.