Jet Airways leases five 737NGs from Bank of China aviation subsidiary

BOC Aviation, a wholly owned subsidiary of Bank of China, has announced 10-year lease agreements for five 737NGs with India's Jet Airways. Boeing will deliver these aircraft to the private Indian carrier between March 2010 and November 2011.

BOC currently owns 76 aircraft, which are flying with 29 airlines worldwide. It has 40 more 737NGs on firm order, 37 of which already have been leased.

Last month BOC announced deals to lease four 737-800s to Hainan Airlines, two 737-800s to Shandong Airlines and one 737-800 to Skymark Airlines.