Leasing company Babcock & Brown Aircraft Management (BBAM) has ordered 20 next-generation 737-800s at a cost of $1.5bn (”735m).
BBAM leasing portfolio is the world”s fifth largest ” it manages 245 commercial jets with a total value in excess of $6.5bn (”3.18bn), which are used by 72 customers.
””BBAM has experienced great success in placing the Boeing 737 with airline operators around the world and we look forward to taking delivery of these aircraft which will bring our fleet to more than 125 737s,” said president of BBAM, Steven Zissis.