Fuel
Saudi Arabia’s AviLease to Bundle SAF with Leases
The Kingdom is targeting 330 million passenger arrivals the same year.
AviLease has committed to acquiring 32 Airbus A320neos for lease with two local airlines, Flynas and Saudia. (Photo: AviLease)
AviLease has committed to acquiring 32 Airbus A320neos for lease with two local airlines, Flynas and Saudia. (Photo: AviLease)

Although a precise timeline for the production of sustainable aviation fuel (SAF) in Saudi Arabia under the kingdom's Vision 2030 development plan remains a work in progress, aircraft lessor AviLease aims to "bundle" the fuel with aircraft leases when the time comes, CEO Ted O’Byrne said in an interview on the eve of the Paris Airshow. The bundling of a lease contract with a separate agreement on the supply of SAF throughout the term of the lease would theoretically ease operators' task of securing access to the fuel over the long term. 

“We are talking with several parties within Saudi Arabia as part of this project,” he told AIN. “We, and a number of other industry participants, think that SAF is the only solution for the medium term to decarbonize our industry. We think in particular that synthetic fuels—power to liquids—is a solution that is scalable.”

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