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Singapore- Singapore-based aircraft leasing company BOC Aviation has announced that it has signed a purchase-and-leaseback agreement with the Hungarian low-cost Wizz Air for six new Airbus A321neo aircraft.

All six aircraft will be powered by Pratt & Whitney GTF™ PW1100G-JM engines, and are expected to deliver in 2020 and 2021.

"We are delighted today to be signing yet another deal with BOC Aviation. The six new Airbus A321neo aircraft will expand our fleet and further strengthen our aim to fly the greenest and most efficient aircraft currently available. In these unprecedented times, Wizz Air is strongly committed to its aircraft order and today's development reinforces our goal to stay the most efficient, most productive, and financially one of the best-performing airlines in Europe,"

József Váradi, Chief Executive Officer of Wizz Air said.

 “We are very pleased to be supporting Wizz Air once again as a strategic partner in the airline’s long-term fleet plan as it maintains its position as a market leader in Central and Eastern Europe,”

Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation, said.

“This latest agreement demonstrates the strength and resilience of the relationships that we share with our airline customers as we provide financing solutions for new technology aircraft,”

added Mr. Martin.
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