image: Airbus
Saudi Arabia based AviLease and Airbus announced a firm order for 10 A350F freighter aircraft as well as 30 A320neo family aircraft. The agreement, that also foresees an increase to 22 A350F and 55 A320neo family aircraft was signed this morning at the Paris Air Show.
Fahad AlSaif, Chairman of AviLease, said: “In less than two months, AviLease has signed two major deals, reflecting its long-term ambition to become a top 10 global player in aircraft leasing and to strengthen its position as a national champion. These milestones align with the Public Investment Fund’s mandate to support the goals of Saudi Arabia’s Vision 2030 and the National Aviation Strategy.”
“We are proud to establish an Airbus order book, strengthening our position as a full-service, investment grade global lessor. The addition of these latest generation aircraft enhances our ability to offer modern, fuel-efficient fleet solutions to our airline partners in Saudi Arabia and around the world. We thank our local partners and Airbus for the strong long-term partnership we have established and look forward to placing these aircraft across our valued customer base,” commented Edward O’Byrne, CEO of AviLease.
“Our selection of the A350F is the result of close collaboration with stakeholders across the Saudi Arabian aviation ecosystem. Backed by strong local partnerships and demand aligned with Saudi Vision 2030 targets, AviLease was able to support the future growth of air cargo traffic in the Kingdom through securing the necessary aircraft delivery slots. We thank our local partners and Airbus for the strong long-term partnership we have established and look forward to placing these aircraft across our valued customer base.”
“We are delighted to welcome AviLease as Airbus’ latest customer with this significant order for the all new A350F and leading A320neo Family”, said Benoît de Saint-Exupéry, Airbus EVP Sales of the Commercial Aircraft business. “The A350F will set the benchmark in air cargo, offering at least 20% reduced fuel burn, better loading capacity and increased range, while the A320neo Family continues to be the world’s most popular single-aisle aircraft. This dual order reinforces AviLease’s credentials as a leading lessor, and it demonstrates the broad appeal of our products among lessors and their airline customers.”
The A350F features the largest main deck cargo door in the industry, with fuselage length and capacity optimized around the industry’s standard pallets and containers. Over 70% of the airframe is made of advanced materials, resulting in a 46 tonne lighter take-off weight than the competing derivative. The A350F is also the only freighter aircraft that will fully meet ICAO’s enhanced CO? emissions standards, coming into effect in 2027.
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