Saudi Arabian lessor AviLease places debut Boeing order for 30 737-8 aircraft
AviLease, a global aircraft lessor headquartered in Saudi Arabia, has made its first direct order for Boeing aircraft, securing 30 737-8 aircraft. The deal consists of a firm order for 20 737-8 jets and options for an additional 10.
This initial order supports the lessor’s goal to be among the top 10 global aircraft lessors, AviLease announced in a statement on May 13, 2025.
In a separate statement Boeing said the deal will enable AviLease to expand its portfolio and offer customers the “latest generation, fuel-efficient aircraft.”
“The 737 MAX will diversify AviLease’s portfolio by delivering unrivalled fuel efficiency and market-leading versatility,” said Brad McMullen, Boeing Senior Vice President of Commercial Sales and Marketing. “It’s a powerful combination that will fuel AviLease’s profitable global expansion and support their airline customers’ business and sustainability goals.”
The single-aisle aircraft order aligns with the Kingdom of Saudi Arabia’s strategic plan to transform the country into a global aviation hub. The aircraft will support the country’s goal of serving 330 million passengers and attracting 150 million visitors annually by 2030.
According to AviLease, this investment will allow the lessor to “provide its global customer base with new technology, fuel-efficient fleet solutions, while simultaneously fostering the growth of the Saudi Arabian aviation ecosystem.”
“Building on our recently achieved investment grade ratings, this transaction proves our ability to transact across all market channels, including sale and lease-back, secondary trading, M&A and now direct OEM purchasing,” said Edward O’Byrne, CEO of AviLease. “These new aircraft will accelerate our growth and enable us to deliver the industry’s latest generation, fuel–efficient fleet solutions.”
The lessor said it is set to receive the 30 Boeing 737-8 aircraft by 2032. AviLease currently owns and manages 200 aircraft on lease to 48 airlines.
According to Boeing,the 737 aircraft accounts for approximately 30% of all commercial aircraft financed through leasing arrangements.
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AviLease, a global aircraft lessor headquartered in Saudi Arabia, has made its first direct order for Boeing aircraft,…
The post Saudi Arabian lessor AviLease places debut Boeing order for 30 737-8 aircraft appeared first on AeroTime.
