BOC Aviation has closed financing using internal cash funds to acquire the first of three Boeing 737-900ERs, which is leased to Lion Air.
The operating lessor has applied for US Export-Import Bank guarantees to support the purchase of MSN 38683, which is equipped with CFM56-7B26E engines.
The deal is in documentation.
The 737-900ERs were acquired along with six 737-800s earlier this month under sale and leaseback transactions.
Two more aircraft are scheduled for delivery through the end of this year, while the six 737-800s are scheduled to be delivered between 2013 and the first quarter of 2014.
Lion Air is a new customer for BOC Aviation. The 737-900ER model is also a new aircraft type in the lessor's fleet.
BOC Aviation's portfolio and backlog includes the 737-700 and 737-800 models, but the 737-900ER shows a growing preference for larger aircraft. The lessor recently swapped Airbus A320 slots for the A321 model and placed these aircraft on lease to Etihad Airways and Asiana Airlines.