Saudi Arabia’s global aircraft lessor AviLease has signed a major agreement with Airbus for the purchase of up to 77 next-generation aircraft, including 55 A320neo Family and 22 A350F jets.
The landmark deal was unveiled during the opening hours of the Paris Air Show 2025 and represents a significant leap forward in AviLease’s mission to become a top 10 global aircraft lessor.
This strategic investment equips AviLease, to deliver newest generation, fuel‑efficient fleet solutions to its global customer base – in passenger and cargo segments – while contributing to the expansion of Saudi Arabia’s aviation ecosystem.
AviLease Saudi jet orders
The agreement was signed during the first hours of the Paris Air Show and deliveries are scheduled through 2033.
Fahad AlSaif, Head of the Global Capital Finance Division, Public Investment Fund (PIF), and Chairman of AviLease, said: “In less than two months, AviLease has signed two major deals, reflecting its long-term ambition to become a top 10 global player in aircraft leasing and to strengthen its position as a national champion.
“These milestones align with the Public Investment Fund’s mandate to support the goals of Saudi Arabia’s Vision 2030 and the National Aviation Strategy.”
Edward O’Byrne, CEO of AviLease, said: “We are proud to establish an Airbus order book, strengthening our position as a full-service, investment grade global lessor. The addition of these latest generation aircraft enhances our ability to offer modern, fuel-efficient fleet solutions to our airline partners in Saudi Arabia and around the world,”.
“Our selection of the A350F is the result of close collaboration with stakeholders across the Saudi Arabian aviation ecosystem. Backed by strong local partnerships and demand aligned with Saudi Vision 2030 targets, AviLease was able to support the future growth of air cargo traffic in the Kingdom through securing the necessary aircraft delivery slots”.
Benoît de Saint-Exupéry, Airbus EVP Sales of the Commercial Aircraft business, said: “We are delighted to welcome AviLease as Airbus’ latest customer with this significant order for the all new A350F and leading A320neo Family. The A350F will set the benchmark in air cargo, offering at least 20 per cent reduced fuel burn, better loading capacity and increased range, while the A320neo Family continues to be the world’s most popular single-aisle aircraft.
“This dual order reinforces AviLease’s credentials as a leading lessor, and it demonstrates the broad appeal of our products among lessors and their airline customers.”
Last month, the aviation firm announced an order for 30 Boeing 737 MAX aircraft, adding to the existing portfolio of 200 aircraft on lease to 48 airlines globally, as at 31 March 2025.
