AviLease, the rapidly expanding, PIF-backed global aviation lessor, has successfully delivered the first two of its 12 Airbus A320neos on lease to Saudi carrier flynas. The milestone delivery is the first in the company’s history, following its launch in July this year. Flynas is expected to receive the remaining aircraft by the end of 2023.
Edward O'Byrne, Chief Executive Officer, AviLease, said, “Today marks a significant moment in our story, and speaks to the operational pace and excellence we have set for ourselves at AviLease. From day one, we have focused on getting down to business, and these two deliveries, within four months of beginning operations, are testament to that. But this is just the start, as we look to support the burgeoning local aviation sector and drive sustainable value.”
Bander Almohanna, Chief Executive Officer and Managing Director, flynas, said, “As one of the leading low-cost carriers in the region, we only seek partnerships that can significantly enhance our services. Our agreement with AviLease is designed to support our continued, sustainable growth plans through a modern and efficient fleet, equipping us for the foreseeable future. There is more to come from all players in this industry and we are proud to be a part of it.”