Avilease's first direct aircraft order is the lessor's latest milestone after recently obtaining investment grade status
The Saudi Arabian lessor describes its Boeing 737 MAX order as a strategic investment for the both the growth of its business and the Saudi Arabian aviation ecosystem. It joins a small number of lessors that currently have direct OEM orders and adds a new channel to the lessor's activity according to CEO Edward O'Byrne. In late April Avilease received investment grade corporate credit ratings of Baa2 from Moody’s Ratings and BBB from Fitch Ratings.

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Vol. 15 Issue 10 of Aviation Finance