BOC Aviation signs lease agreements with Arajet for five 737-8s

BOC Aviation has acquired five Boeing 737-8 aircraft from The Boeing Company and secured long-term lease agreements for these aircraft with Arajet S.A. (Arajet). All aircraft will be powered by CFM LEAP-1B engines and are scheduled for delivery in 2026 and 2027.

Arajet S.A. is an ultra-low-cost airline and the flag carrier of the Dominican Republic. The airline commenced operations in September 2022 and currently operates a fleet of ten aircraft from its bases in Punta Cana and Santo Domingo. It provides direct flights to 24 cities across 16 countries, playing a key role in enhancing air connectivity in the region.