AviLease signs agreement with Turkish Airlines for eight Airbus A320neo aircraft
AviLease, the global aircraft lessor headquartered in Saudi Arabia, today announced that it has signed strategic agreements with Turkish Airlines for long-term leases of eight Airbus A320neo aircraft. Two of the aircraft have already been delivered, with the remaining six scheduled for delivery throughout 2025. AviLease’s Chief Executive Officer, Edward O’Byrne, commented: “We thank the […]
AviLease delivers three A320neo aircraft to strategic partner SDH Wings
AviLease, a PIF Company and a global aircraft lessor, announced the successful delivery of three Airbus A320neo aircraft to SDH Wings International Leasing Limited (“SDH Wings”), a joint venture with the Chinese sovereign fund in which AviLease holds a 10% stake. The three aircraft are on long-term lease to an airline based in Saudi Arabia. […]
AviLease purchases Boeing 787-9 aircraft from BBAM
AviLease, the rapidly expanding global aircraft lessor fully owned by PIF, is pleased to announce the acquisition of a Boeing 787-9 aircraft from BBAM, a prominent global lessor with $18 billion in aviation assets under management. The transaction marks the first collaboration between AviLease and BBAM and introduces the first Boeing 787-9 on operating lease […]
AviLease delivers first two Boeing 737-8 aircraft on order to Air India Group
AviLease, the rising global aircraft lessor wholly owned by PIF, Saudi Arabia’s sovereign wealth fund, has successfully delivered two Boeing 737-8 aircraft on lease to Air India Express Limited. These are the first tranche of six aircraft that will be delivered in 2024. The Boeing 737-8 is one of the most fuel-efficient, sustainable, and technologically […]
AviLease MoU strengthens relationship with JV partner SDH Wings
AviLease has signed a strategic MOU with SDH Wings International Leasing Limited for the supply of up to 20 predominantly new technology aircraft. As part of this agreement, AviLease and SDH Wings have already identified the first 5 new technology narrowbody aircraft from AviLease’s owned portfolio that are now under LOI. The MOU will facilitate the […]
AviLease to acquire Standard Chartered’s aircraft leasing business
AviLease, the rising global aircraft lessor wholly owned by the Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has announced today it has entered into a definitive agreement to purchase the aircraft leasing business of Standard Chartered, which includes Dublin-based Pembroke Group. The acquisition will bring together two strategically complementary businesses, providing AviLease scale, […]
