AviLease has placed its first direct order with Boeing, securing 20 737-8 jets with options for 10 more. The move marks a major milestone for the Saudi-based lessor, strengthening its fleet with next-generation, fuel-efficient aircraft.
“This transaction proves our ability to transact across all market channels,” said AviLease CEO Edward O’Byrne, highlighting the company’s growth strategy and recent investment-grade ratings. “These new aircraft will accelerate our growth and enable us to deliver the industry’s latest fleet solutions.”
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The deal also supports Saudi Arabia’s aviation ambitions, aligned with its Vision 2030 goal of becoming a global aviation hub capable of serving 330 million passengers annually. The single-aisle jets are expected to help meet rising travel demand while boosting sustainability.
Boeing’s Brad McMullen called the 737 MAX a “powerful combination” for AviLease, praising its efficiency and versatility. The model remains a mainstay in the leasing market, accounting for roughly 30% of all financed aircraft worldwide.
Source: AviLease Places First Direct Boeing Order for Up to 30 New 737 MAX Aircraft
