Global aircraft leasing company BOC Aviation has purchased two Boeing 747-8 freighter aircraft.

According to a Reuters report, the two aircraft have been purchased for a total list price of $758.2m.

The new aircraft will be placed under long-term leases with Russian cargo carrier AirBridgeCargo Airlines.

AirBridgeCargo Airlines general director Sergey Lazarev said: “We appreciate BOC Aviation’s trust and support in the development of our Boeing 747-8F fleet.

“We strongly believe in the capabilities of this state-of-the-art aircraft and the benefits that it brings to people all over the world.

“We are glad that the number of companies and people who recognise the advantages of this aircraft and are interested in purchasing it is growing.”

A part of Volga-Dnepr Group, AirBridgeCargo Airlines provides scheduled cargo services across Europe, Asia and the US.

“We are glad that the number of companies and people who recognise the advantages of this aircraft and are interested in purchasing it is growing.”

The airline currently operates a fleet of 16 aircraft, which includes nine Boeing 747-8F aircraft.

BOC Aviation Europe, Americas and Africa chief commercial officer Steven Townend said: “The Boeing 747-8F is a technologically advanced aircraft and is one of the most capable long-haul freighter aircraft. 

“This transaction further diversifies our portfolio as we continue to grow our fleet through accretive investment.”

The company currently has a fleet of 483 owned, managed and on order aircraft, and recently placed an order to buy 13 new Boeing 737 MAX 8 aircraft.