BOC Aviation Ltd. ( BCVVF ) has signed agreements to acquire 50 Boeing Co ( BA ). 737-8 jets and 70 Airbus SE ( EADSF ) A320neo aircraft, the Singapore-based leasing firm said Monday.

The financial terms were not disclosed. The deal underscores continued demand for narrowbody aircraft amid growing global travel demand and fleet modernization efforts.

BOC Aviation ( BCVVF ), originally wholly owned by Bank of China, has a 30% stake listed on the Hong Kong Stock Exchange. Sky Splendor, a Bank of China subsidiary, holds the remaining 70%, according to Centre for Aviation data.

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