AviLease and Hassana launch Saudi aircraft-leasing JV with 10-aircraft starter fleet

Saudi lessor AviLease and state-linked Hassana Investment Company have formed a joint venture — with Hassana as majority owner — to create a dedicated aircraft-leasing business. The new JV will take an initial 10-aircraft fleet from AviLease, all currently leased to Saudi carriers, to service domestic demand.

Discovered 2025-09-15T07:46:33.429037-07:00 | 2025-09-15T07:46:33.429037-07:00

Briefing

What Hype is tracking

The JV immediately brings 10 aircraft under a Saudi-focused lessor structure, consolidating locally controlled leasing capacity and affecting fleet availability for regional carriers.
Hassana’s majority stake marks direct domestic capital deployment into aviation finance at a time when Saudi aviation is expanding rapidly; the move follows broader signs of market growth, including Saudi aviation’s record H1 passenger growth and new carrier initiatives such as the Air Arabia-led bid to launch a Saudi low-cost carrier.
For lessors, lenders and carriers, the deal is an early indicator of increasing onshore financing solutions and shifts in how aircraft are placed and managed within the Saudi market.

Reported By

Aviation Week mrobusinesstoday.com Le Journal de l’Aviation FlightGlobal Airline Economics