AerCap signed lease agreements for two Boeing 737-800 aircraft. The aircraft will be operated by Mukamalah Aviation, a wholly owned subsidiary of Aramco, operating under the brand name “Aloula Aviation,” for the transportation of Aramco Group passengers in Saudi Arabia.
“We are pleased to expand our relationship with Aramco and Aloula from the leasing and financing of helicopters to passenger aircraft, highlighting the strong synergies across AerCap’s business lines,” Aengus Kelly, CEO of AerCap, said. “We are proud to support Aloula with their first directly leased aircraft for passenger operations in the Kingdom of Saudi Arabia and wish them every success in their new venture.”
“Our continued partnership with AerCap marks an important step in Aloula Aviation’s mission to provide top-tier aviation services in Saudi Arabia,” Khalid Alnatour, CEO of Aloula Aviation, said. “With the addition of these Boeing 737-800 aircraft, we are better positioned to serve other key clients, advancing our shared commitment to the Kingdom’s aviation development.”
