AJet Signs BOC Aviation Lease for Five A321neos in Fleet Push

AJet, the low-cost subsidiary of Turkish Airlines, has signed a long-term dry lease agreement with BOC Aviation for five Airbus A321neo aircraft, with deliveries scheduled to begin in 2028. The Singapore-based lessor will supply the jets from its own orderbook, and BOC Aviation has confirmed the aircraft will be powered by Pratt & Whitney PW1100G geared turbofan engines.

Kerem Sarp, CEO of AJet, said the new-generation narrowbodies will support the carrier's fleet modernization program, sustainability targets, and network expansion across Europe, North Africa, and the Middle East. The BOC Aviation deal is the latest in a series of narrowbody acquisitions: AJet has previously secured 10 A321neos from Avolon for 2027 delivery and four A321neos from Carlyle Aviation Partners, and is expecting five A320neos from SMBC Aviation Capital between late 2025 and mid-2026.

Strategic Fleet Expansion

The diversified leasing approach reflects a broader Turkish Airlines Group strategy to scale AJet's operations and sharpen its competitiveness against rivals such as Pegasus Airlines at Istanbul Sabiha Gökçen. Industry analysts note that sourcing aircraft across multiple lessors insulates the carrier from OEM supply chain volatility — a recurring concern given ongoing Pratt & Whitney GTF inspection programs — while bridging near-term capacity gaps during a period of aggressive low-cost growth. The A321neo offers roughly 20% lower fuel burn and a reduced noise footprint compared to the previous-generation A321ceo.