AerCap signs lease agreements for two Boeing 737-800 bound for Saudi’s Aloula Aviation

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Aengus Kelly of Aercap
Aengus Kelly of Aercap

AerCap Holdings N.V. has signed lease agreements for two Boeing 737-800 aircraft, which will be operated by Mukamalah Aviation under the Aloula Aviation brand for Aramco Group passenger transportation in Saudi Arabia.

This collaboration marks an expansion of AerCap’s relationship with Aramco, highlighting the synergies between their helicopter leasing and new passenger aircraft operations.

Aloula Aviation, a veteran aviation company founded in 1934, aims to enhance its service offerings in Saudi Arabia with the addition of these aircraft, positioning itself to better serve its clients and support the country’s aviation development.

The press release includes forward-looking statements regarding future performance, acknowledging potential risks and uncertainties that could affect projected outcomes.

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