Lease of life

Babcock & Brown Aircraft Management (BBAM), in partnership with Nomura Babcock & Brown, has placed a $1.5bn order at list prices for 20 Next-Generation 737-800s from Boeing


Babcock & Brown Aircraft Management (BBAM), in partnership with Nomura Babcock & Brown, has placed a $1.5bn order at list prices for 20 Next-Generation 737-800s from Boeing.



The latest delivery will bring BBAM’s fleet of Next-Generation 737s to more than 125 aircraft. According to Boeing, BBAM has been one of the fastest growing leasing companies over the past three years.



BBAM manages 245 leased commercial jets with a total value of more than $6.5bn. The fleet, currently fully leased to 72 customers, has an average age weighted by value of 7.6 years.



So far, 109 customers have placed orders for more than 4,300 Next-Generation 737s. Unfilled orders for the aircraft exceed 1,800 aircraft, with a value of more than $130bn at list prices.