AviLease places first direct Boeing order for up to 30 737 MAX

Boeing and AviLease, a global aircraft lessor headquartered in Saudi Arabia, announced that the lessor has placed its first direct order for Boeing airplanes with a firm purchase for 20 737-8 jets and options for 10 more.

"We are pleased to conclude our first direct Original Equipment Manufacturer (OEM) order, complementing our growth strategy towards being at the top of the industry," said Edward O'Byrne, CEO of AviLease. "Building on our recently achieved investment grade ratings, this transaction proves our ability to transact across all market channels, including sale and lease-back, secondary trading, M&A and now direct OEM purchasing. These new aircraft will accelerate our growth and enable us to deliver the industry's latest generation, fuel–efficient fleet solutions. We extend our gratitude to the Boeing team for the strong long-term relationship we have built."

(article source: Boeing / editor: Anton van Rijsbergen)
(image source: Boeing)