AIRCRAFT lessor avilease has become the latest company to place an order for the Airbus A350 freighter in a deal that will make it the joint largest owner of the model, according to Air Cargo News, London.
At the Paris Airshow, the Saudi Arabian company placed an order for 10 of the model, with an agreement in place for a potential of 12 more of the aircraft. The deal also included 55 Airbus A320neo passenger aircraft.
The leasing firm, which is a wholly owned entity of Saudia Arabia's Public Investment Fund, owns around 200 aircraft and has the ambition of becoming one of the top 10 lessors globally.
'The addition of these latest generation aircraft enhances our ability to offer modern, fuel-efficient fleet solutions to our airline partners in Saudi Arabia and around the world,' said AviLease chief executive Edward O'Byrne.
The company is expecting a 'huge retirement wave' in the freighter sector in the coming years.
Benoit de Saint-Exupery, Airbus executive vice president for sales, commercial aircraft, added: 'The A350F will set the benchmark in air cargo, offering at least 20 per cent reduced fuel burn, better loading capacity and increased range.
'This dual order reinforces AviLease's credentials as a leading lessor, and it demonstrates the broad appeal of our products among lessors and their airline customers.'
The A350F features the largest maindeck cargo door in the industry, with fuselage length and capacity optimised around the industry's standard pallets and containers.
More than 70 per cent of the airframe is made of advanced materials, helping to reduce the take-off weight, while at launch, it will be the only freighter aircraft that will fully meet ICAO's enhanced CO2 emissions standards, coming into effect in 2027.
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At the Paris Airshow, the Saudi Arabian company placed an order for 10 of the model, with an agreement in place for a potential of 12 more of the aircraft. The deal also included 55 Airbus A320neo passenger aircraft.
The leasing firm, which is a wholly owned entity of Saudia Arabia's Public Investment Fund, owns around 200 aircraft and has the ambition of becoming one of the top 10 lessors globally.
'The addition of these latest generation aircraft enhances our ability to offer modern, fuel-efficient fleet solutions to our airline partners in Saudi Arabia and around the world,' said AviLease chief executive Edward O'Byrne.
The company is expecting a 'huge retirement wave' in the freighter sector in the coming years.
Benoit de Saint-Exupery, Airbus executive vice president for sales, commercial aircraft, added: 'The A350F will set the benchmark in air cargo, offering at least 20 per cent reduced fuel burn, better loading capacity and increased range.
'This dual order reinforces AviLease's credentials as a leading lessor, and it demonstrates the broad appeal of our products among lessors and their airline customers.'
The A350F features the largest maindeck cargo door in the industry, with fuselage length and capacity optimised around the industry's standard pallets and containers.
More than 70 per cent of the airframe is made of advanced materials, helping to reduce the take-off weight, while at launch, it will be the only freighter aircraft that will fully meet ICAO's enhanced CO2 emissions standards, coming into effect in 2027.
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