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RIYADH, 23 April, 2024: AviLease, the rising global aircraft lessor wholly owned by PIF, Saudi Arabia’s sovereign wealth fund, has hosted its first Aviation Academic Day at Prince Sultan University in Riyadh.
The event gave over 200 students from a variety of majors a stimulating introduction to the vast extent of the aviation industry and the potential opportunities within it, with presentations covering aircraft leasing, finance and legal aspects, the future of aviation, aviation and tourism, opportunities and challenges for women and human capital and resources in aviation.
As well as senior executives from AviLease and PSU, the event welcomed expert industry insight presented by representatives from Boeing, Airbus, Flynas, The Helicopter Company, Riyadh Airports Company and GACA.
The Aviation Academic day is part of the strategic MOU between AviLease and Prince Sultan University in Riyadh, to support the development of a skilled national workforce for the Saudi aviation sector.
Edward O’Byrne, CEO AviLease, said: “Having a pipeline of skilled national talent is essential to the expansion and development of the Kingdom’s aviation ecosystem. As an integral part of that ecosystem, we are delighted to support young Saudis as they embark on their first steps in this exciting industry. This investment in education also supports the goals of the Saudi Vision 2030 to diversify the economy and create sustainable career paths for nationals.
AviLease fulfils PIF’s mandate to unlock the capabilities of priority sectors that can support the diversification of Saudi Arabia’s economy and contribute to non-oil GDP growth. In addition, the company supports a thriving aviation sector and drives financial sustainability within the aviation ecosystem, in line with Vision 2030. AviLease will continue to drive local economic opportunities and create direct and indirect jobs for the KSA community in the aviation and financial sectors.
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