Growing demand for Airbus A320-family aircraft has motivated BOC Aviation's decision to order more of the type, says the Singapore-based operating lessor.
Speaking to Flightglobal, BOC Aviation managing director Robert Martin says: "The reason why we are ordering now is due to our particular situation. We will run out of aircraft by June 2014."
In 2013, BOC Aviation is scheduled to receive 50 aircraft either from manufacturers or through sale and leaseback transactions. Another 26 aircraft will join by the first half of 2014.
"Overall our aircraft order represents the equivalent of one year of deliveries," says Martin.
BOC Aviation announced a 50-unit order for the Airbus narrowbodies on 15 January, marking the largest ever order placed by the operating lessor. Its contract includes 25 of the re-engined neo variants.
BOC Aviation will take delivery of the A320s and A321s in 2014 and 2015, effectively bridging the gap with its existing orderbook.
"We have a number of existing customers asking for aircraft. This explains the current-generation A320-family component in our order," says Martin.
He notes strong demand for the A321 model in the Asia-Pacific region, adding: "Over the last 12 months, customers in Asia have asked for A321s. They are looking at higher capacity aircraft in the region, particularly at slot-constrained airports."
In North America and Asia, Martin also expects the A321 type to continue replacing ageing Boeing 757s.