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AviLease Places First Direct Boeing Order for up to 30 737 MAX Jets

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Boeing [NYSE: BA] has secured a significant order from AviLease, a Saudi Arabia-based global aircraft lessor, for 20 firm 737-8 MAX jets with options for 10 additional aircraft. This marks AviLease's first direct Original Equipment Manufacturer (OEM) order, supporting their portfolio expansion strategy. The deal aligns with Saudi Arabia's aviation goals of serving 330 million passengers and attracting 150 million visitors annually by 2030.

The 737 MAX aircraft, known for its fuel efficiency and versatility, represents approximately 30% of all financed airplanes in the leasing industry. This order strengthens Boeing's presence in Saudi Arabia's commercial aviation sector while supporting AviLease's global expansion plans.

Boeing [NYSE: BA] ha ottenuto un importante ordine da AviLease, un locatore globale di aeromobili con sede in Arabia Saudita, per 20 aerei 737-8 MAX confermati con opzioni per 10 ulteriori velivoli. Questo rappresenta il primo ordine diretto da parte di AviLease come Original Equipment Manufacturer (OEM), a sostegno della loro strategia di espansione del portafoglio. L'accordo è in linea con gli obiettivi dell'aviazione saudita di servire 330 milioni di passeggeri e attrarre 150 milioni di visitatori ogni anno entro il 2030.

Il velivolo 737 MAX, noto per la sua efficienza nei consumi e versatilità, rappresenta circa il 30% di tutti gli aeromobili finanziati nel settore del leasing. Questo ordine rafforza la presenza di Boeing nel settore dell'aviazione commerciale in Arabia Saudita, supportando al contempo i piani di espansione globale di AviLease.

Boeing [NYSE: BA] ha asegurado un pedido importante de AviLease, un arrendador global de aeronaves con sede en Arabia Saudita, por 20 aviones 737-8 MAX firmes con opciones para 10 aeronaves adicionales. Este es el primer pedido directo de AviLease a un Fabricante de Equipos Originales (OEM), apoyando su estrategia de expansión de cartera. El acuerdo está alineado con los objetivos de aviación de Arabia Saudita de atender a 330 millones de pasajeros y atraer a 150 millones de visitantes anualmente para 2030.

El avión 737 MAX, conocido por su eficiencia en combustible y versatilidad, representa aproximadamente el 30% de todos los aviones financiados en la industria del arrendamiento. Este pedido fortalece la presencia de Boeing en el sector de aviación comercial de Arabia Saudita mientras apoya los planes de expansión global de AviLease.

Boeing [NYSE: BA]는 사우디아라비아에 본사를 둔 글로벌 항공기 리스 회사인 AviLease로부터 20대의 확정된 737-8 MAX 항공기추가 10대 옵션에 대한 대규모 주문을 확보했습니다. 이는 AviLease가 제조사(OEM)로부터 직접 받은 첫 주문으로, 포트폴리오 확장 전략을 지원합니다. 이 거래는 2030년까지 3억 3천만 명의 승객연간 1억 5천만 명의 방문객 유치라는 사우디아라비아 항공 목표와 부합합니다.

연료 효율성과 다용성으로 알려진 737 MAX 항공기는 리스 산업에서 전체 금융 항공기의 약 30%를 차지합니다. 이번 주문은 사우디아라비아 상업 항공 부문에서 Boeing의 입지를 강화하고 AviLease의 글로벌 확장 계획을 지원합니다.

Boeing [NYSE : BA] a obtenu une commande importante de AviLease, un loueur d'avions mondial basé en Arabie Saoudite, pour 20 avions 737-8 MAX fermes avec des options pour 10 appareils supplémentaires. Il s'agit de la première commande directe d'AviLease auprès du fabricant d'équipement d'origine (OEM), soutenant leur stratégie d'expansion de portefeuille. Cet accord s'aligne sur les objectifs de l'aviation saoudienne visant à desservir 330 millions de passagers et à attirer 150 millions de visiteurs par an d'ici 2030.

L'appareil 737 MAX, reconnu pour son efficacité énergétique et sa polyvalence, représente environ 30 % de tous les avions financés dans l'industrie du leasing. Cette commande renforce la présence de Boeing dans le secteur de l'aviation commerciale en Arabie Saoudite tout en soutenant les plans d'expansion mondiale d'AviLease.

Boeing [NYSE: BA] hat eine bedeutende Bestellung von AviLease, einem globalen Flugzeug-Leasingunternehmen mit Sitz in Saudi-Arabien, für 20 feste 737-8 MAX Jets mit Optionen für 10 weitere Flugzeuge erhalten. Dies ist die erste direkte Bestellung von AviLease beim Originalhersteller (OEM) und unterstützt deren Strategie zur Portfolioerweiterung. Der Deal steht im Einklang mit den Luftfahrtzielen Saudi-Arabiens, bis 2030 330 Millionen Passagiere zu bedienen und 150 Millionen Besucher jährlich anzuziehen.

Das 737 MAX Flugzeug, bekannt für seine Kraftstoffeffizienz und Vielseitigkeit, macht etwa 30 % aller finanzierten Flugzeuge in der Leasingbranche aus. Diese Bestellung stärkt Boeings Präsenz im kommerziellen Luftfahrtsektor Saudi-Arabiens und unterstützt zugleich AviLeases globale Expansionspläne.

Positive
  • First direct OEM order for AviLease demonstrates company's growth and market expansion
  • Order includes 20 firm aircraft orders with potential for 10 more through options
  • Deal supports Saudi Arabia's strategic aviation goals for 2030
  • 737 MAX's fuel efficiency and versatility will enhance AviLease's portfolio
Negative
  • None.

Insights

Boeing secures new 737 MAX order from Saudi lessor AviLease, supporting its backlog amid ongoing recovery efforts in commercial aviation.

AviLease's order for 20 firm 737-8 MAX aircraft with options for 10 more represents a modest but meaningful addition to Boeing's orderbook. This first direct OEM purchase by the Saudi lessor carries strategic significance beyond the unit numbers.

The timing is particularly relevant as Boeing works to restore market confidence following production quality issues and the Alaska Airlines door plug incident. Each new order signals essential customer trust in the 737 MAX program's long-term viability.

For context, this order represents less than 1% of Boeing's total 737 MAX backlog of approximately 4,300 aircraft. However, the deal's importance extends beyond numbers - it broadens Boeing's customer base in the Middle East leasing market and supports Saudi Arabia's aviation expansion goals.

The 737-8 variant offers 16% lower fuel consumption than previous generations, making it attractive for lessors seeking assets with long-term market appeal amid industry decarbonization efforts. Aircraft lessors typically generate 8-10% returns on modern narrowbody aircraft, making fuel-efficient models particularly valuable assets.

This transaction further validates Boeing's leasing market strategy, where approximately 30% of financed commercial aircraft are 737s. For Boeing, lessor diversification reduces dependency on individual airlines and helps stabilize production rates through market cycles.

What's most significant here is AviLease's expanded procurement strategy. By adding direct OEM purchases to its existing acquisition channels (sale-leasebacks, secondary market, M&A), AviLease signals its maturation as a global leasing player - strengthening Boeing's position in Saudi Arabia's rapidly expanding aviation ecosystem.

RIYADH, Saudi Arabia, May 13, 2025 /PRNewswire/ -- Boeing [NYSE: BA] and AviLease, a global aircraft lessor headquartered in Saudi Arabia, announced 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.

The deal enables AviLease to scale up its growing portfolio and provides its customers with the latest generation, fuel-efficient aircraft.

"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."

The single-aisle order aligns with the Kingdom of Saudi Arabia's strategic plan to transform the country into a global aviation hub. The airplanes will support the country's goal of serving 330 million passengers and attracting 150 million visitors annually by 2030.  

"We are honored to strengthen our relationship with a key Saudi Arabian commercial aviation partner and expand the global 737 MAX fleet," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. "The 737 MAX will diversify AviLease's portfolio by delivering unrivalled fuel efficiency and market-leading versatility. It's a powerful combination that will fuel AviLease's profitable global expansion and support their airline customers' business and sustainability goals."

The Boeing 737, with a large global customer base and low operating costs, is a cornerstone of the leasing industry, representing approximately 30% of all financed airplanes.

Boeing Media Relations
media@boeing.com 

 

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SOURCE Boeing

FAQ

How many Boeing 737 MAX aircraft did AviLease order in May 2025?

AviLease placed a firm order for 20 Boeing 737-8 MAX jets with options for 10 additional aircraft, totaling up to 30 planes.

What is the significance of AviLease's Boeing order for Saudi Arabia's aviation sector?

The order supports Saudi Arabia's strategic plan to become a global aviation hub, aiming to serve 330 million passengers and attract 150 million visitors annually by 2030.

What percentage of financed airplanes does the Boeing 737 represent in the leasing industry?

The Boeing 737 represents approximately 30% of all financed airplanes in the leasing industry.

Why is this Boeing order significant for AviLease?

This marks AviLease's first direct Original Equipment Manufacturer (OEM) order, complementing their growth strategy and demonstrating their ability to transact across all market channels.
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