Tag: Edward O’Byrne

Edward O’Byrne

AviLease and Riyadh Air signs landmark first lease for Boeing 787-9 Dreamliner

AviLease, the global aircraft lessor headquartered in Saudi Arabia and Riyadh Air the new national carrier for the Kingdom of Saudi Arabia has signed its first aircraft lease. The agreement covers one Boeing 787-9 Dreamliner and positions AviLease as the inaugural lessor to partner with the Kingd...
Edward O’Byrne

AviLease places first direct order for 30 Boeing 737 MAX aircraft

AviLease, the global aircraft lessor headquartered in Saudi Arabia, today announced that it has signed an agreement with Boeing for an order of 30 Boeing 737-8 aircraft. Marking AviLease’s first direct OEM order, this strategic investment will enable AviLease to provide its global customer base...
Edward O’Byrne

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 t...
Edward O’Byrne

AviLease purchases Boeing 787-9 aircraft from BBAM

AviLease, aircraft lessor, has announced 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...
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...
Edward O’Byrne

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...
Edward O’Byrne

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...
Edward O’Byrne

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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