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…
Investment bank Standard Chartered Group will sell its aviation finance leasing business Pembroke to Saudi Arabian lessor AviLease. The acquisition, which is expected to close by the end of the year, includes 120 owned and managed aircraft that are leased to…
In an interesting transaction between lessors, Saudi Arabia’s AviLease is acquiring thirteen new-generation aircraft from Avolon. While the acquisition of aircraft by one lessor from another is not unusual, that is mostly for used ones. This deal is for new…
UPDATE – New Saudi Arabian aircraft lessor AviLease has delivered its first two aircraft to an airline customer. Saudi low-cost carrier flynas took delivery of its first two Airbus A320neo’s, with ten more to follow this year and in 2023.…
Saudi Arabia’s long-term aviation vision has added a new chapter to its strategy book by announcing the establishment of a new aircraft leasing company, AviLease. The plan was announced on June 29 by the country’s Public Investment Fund (PIF), which…