Economy

Breaking News: Saudi PIF’s AviLease Delivers 6 Aircraft to Top Indian Airline!

AviLease Delivers Two Boeing 737-8 Jets to Indian Airline

In a significant milestone, AviLease, owned by the Public Investment Fund, has successfully delivered two Boeing 737-8 jets to Air India Express Ltd, with plans to lease four more aircraft within the year. This marks the initial delivery of six planes scheduled for 2024.

Setting the Standard for Fuel Efficiency and Technological Advancement

The global aircraft lessor emphasized that the Boeing 737-8 jets are among the most fuel-efficient, sustainable, and technologically advanced narrow-body aircraft in the market. AviLease aims to build a diverse portfolio of cutting-edge narrow- and wide-body aircraft to meet the evolving needs of its clients.

CEO Edward O’Byrne Highlights Partnership with Air India

AviLease CEO Edward O’Byrne expressed his delight in delivering the first two Boeing 737-8 aircraft to Air India Express, emphasizing the strengthening partnership under Tata Group ownership. He commended Air India Express for their commitment to providing affordable and reliable air travel to customers.

Supporting Saudi Arabia’s Economic Diversification

AviLease plays a crucial role in fulfilling PIF’s mandate to unlock the potential of priority sectors, contributing to the diversification of Saudi Arabia’s economy and non-oil GDP. The company’s rapid global expansion and dedication to providing tailored fleet solutions to airline partners underscore its commitment to excellence.