Jan. 8 (Bloomberg) -- Singapore Aircraft Leasing Enterprise, owned by Bank of China Ltd., is ordering 40 planes from Airbus SAS and Boeing Co., worth as much as $3.2 billion based on list prices, as it expands its fleet to meet demand.
Asia's biggest plane lessor placed a new order for 20 A320 family of aircraft by Airbus and is also exercising options and purchase rights for 20 of Boeing's 737s series, the Singapore- based company said in an e-mailed statement today. The planes are scheduled for delivery between 2009 and 2012.