One of the world's largest aircraft leasing companies, BOC Aviation , will purchase 120 single-aisle planes from Airbus and Boeing , it said on Monday, as it seeks to grow its fleet to 1,000 by the end of the decade.

Singapore-based aircraft lessor BOC Aviation has ordered 70 Airbus A320neos and 50 Boeing 737 MAX 8s for further expansion.

The Boeing Company BA recently secured an order from BOC Aviation to supply 50 of its 737-8 commercial aircraft, which enhanced the lessor's 737 MAX portfolio of 737-8 and 737-9 jets to 215. Following this deal,