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AviLease Chairman, Mr. Fahad Al-Saif, said: “We are pleased to sign this agreement with SAUDIA Group, owner of the Kingdom’s national carrier. Our partnership further cements AviLease’s strong portfolio within Saudi Arabia by delivering next-generation aircraft solutions to locally based operators from the world’s leading manufacturers. In addition to contributing to the development of the aviation sector in Saudi Arabia, in line with the objectives of the Kingdom’s Vision 2030. “
Edward O’Byrne, CEO of AviLease said, “AviLease is delighted with this latest development in what has already been a successful opening chapter for our company. We are proud to have SAUDIA Group as a partner, further demonstrating our commitment to the Kingdom, as well as the sector at large. This deal significantly boosts our fast-growing portfolio of cutting-edge, fuel-efficient aircraft, on long-term leases with quality airlines.”
The agreement will take AviLease’s portfolio to 32 aircraft. The new aircraft will join flyadeal’s existing all-Airbus fleet—comprising 20 Airbus A320 aircraft—and operate across its domestic and international network. The SAUDIA Group is distinguished by having the latest and most sustainable aircraft fleets in the world.
The deal between AviLease and flyadeal effectively supports Saudi Arabia’s growing aviation sector in line with the Saudi Aviation Strategy.
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