BBAM orders 20 Next-Generation 737-800s

Boeing and Babcock & Brown Aircraft Management (BBAM) today announced that BBAM, in conjunction with its long-term business partner, Nomura Babcock & Brown, has placed an order for 20 Next-Generation 737-800s.
The order, valued at $1.5 billion at list prices, was previously listed on the Boeing Orders & Deliveries Web site and attributed to an unidentified customer.
“Babcock & Brown Aircraft Management has experienced great success in placing the Boeing Next-Generation 737 with airline operators around the world and we look forward to taking delivery of these aircraft from Boeing, which will bring our fleet of Next-Generation 737s to more than 125 aircraft,” said Steven Zissis, president, BBAM.
Babcock & Brown Aircraft Management’s aircraft leasing portfolio is the world’s fifth largest, managing 245 leased commercial jets with a total value in excess of $6.5 billion. The fleet, which is currently 100 percent utilized and leased to 72 customers, has an average age weighted by value of 7.6 years.

Source: Boeing