✈️ Exclusive Benefits for Readers
Verified codes to save on your next trip.
Boeing and AviLease, global aircraft lessor based in Saudi Arabia, announced that the lessor has placed its first direct order for aircraft Boeing, with a firm purchase of 20 planes 737-8 and options for 10 plus.
The agreement allows AviLease to expand its growing portfolio and offer its customers state-of-the-art, fuel-efficient aircraft..
«We are pleased to close our first direct order to an Original Equipment Manufacturer (OEM), which complements our growth strategy to position us at the forefront of the industry", declared Edward O’Byrne, AviLease CEO. Based on our recent investment grade ratings, This transaction demonstrates our ability to operate in all market channels, including sale and leaseback, the secondary sale, mergers and acquisitions (M&A) and, now, purchasing direct from original equipment manufacturers (OEM). These new aircraft will accelerate our growth and allow us to offer the industry's next-generation, fuel-efficient fleet solutions.. We thank the Boeing team for the strong long-term relationship we have forged.
The order for single-aisle aircraft aligns with the Kingdom of Saudi Arabia to transform the country into a global aviation hub. The planes will contribute to the country's goal of serving 330 million passengers and attract 150 million visitors annually 2030.
"We are proud to strengthen our relationship with a key commercial aviation partner of Saudi Arabia and expand the global fleet of the 737 MAX», declared Brad McMullen, Senior Vice President of Commercial Sales and Marketing, Boeing. The 737 MAX will diversify AviLease portfolio by delivering unmatched fuel efficiency and market-leading versatility. It is a powerful combination that will drive AviLease's profitable global expansion and support the business and sustainability objectives of its airline customers..
The Boeing 737, with a broad global customer base and low operating costs, It is a fundamental pillar of the leasing industry, representing approximately the 30% of all financed aircraft.
✈️ Exclusive Benefits for Readers
Search here for hotels ALL over the world at the best price.
