Tag: Edward O’Byrne

AviLease delivers first two Boeing 737-8 aircraft on order to Air India Group

AviLease, the 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...

AviLease completes delivery of four new A321neo aircraft to Frontier Airlines

AviLease has successfully delivered four Airbus A321neo aircraft on lease to Colorado-based low cost operator Frontier Airlines. These are the first of six next generation aircraft that will be delivered in 2024. The Airbus A321neo is one of the most fuel-efficient, sustainable, and technologi...

Successful first financing shows high international confidence in AviLease operating model and growth prospects

AviLease, the rapidly expanding global aircraft lessor fully owned by PIF, announced today that it has successfully raised USD1.1 billion in its first financing, with an internationally funded, and highly oversubscribed offer. The unsecured term facility has a duration of five years and will be u...

AviLease and SIRC sign MoU for production and distribution of SAF

AviLease, an aircraft lessor, and the Saudi Investment Recycling Company (SIRC) have signed an Memorandum of Understanding to launch the production and distribution of sustainable aviation fuel in Saudi Arabia. AviLease, will support the partnership by committing to an offtake agreement and will ...

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