AviLease

AviLease is an aircraft leasing company headquartered in Riyadh, Saudi Arabia. Founded in 2022, it is wholly owned by the Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund. It leases new technology Airbus and Boeing aircraft to airlines around the world and supports the growth of aviation in Saudi Arabia.

Services

• Sale and leaseback financing for airlines
• New aircraft placements
• Aircraft trading
• Pre delivery payment (PDP) financing
• Asset management for third party owners

Portfolio

The company reports a portfolio of 199 owned and managed aircraft, made up of new technology Airbus and Boeing types, leased to 51 airline customers. It states that it is on track to become one of the ten largest aircraft lessors in the world.

Offices

• Riyadh, Saudi Arabia (headquarters): Level 14, Tadawul Tower, King Abdullah Financial District
• Dublin, Ireland: 32 Molesworth Street, Dublin 2
• Singapore: Frasers Tower, 182 Cecil Street
• Fort Lauderdale, United States: 200 E Las Olas Blvd

Company facts

• Founded in 2022
• Wholly owned by the Public Investment Fund
• 199 owned and managed aircraft
• 51 airline customers
• Chairman and CEO: Edward O'Byrne
• Issues senior unsecured notes and publishes half year results