Riyadh, March 21, 2025 – AviLease, a Public Investment Fund (PIF) company, announced the successful delivery of three Airbus A320neo aircraft to SDH Wings International Leasing Limited, a joint venture with the Chinese sovereign fund, in which AviLease holds a 10% stake.
This transaction marks a new phase in the partnership and aligns with a broader memorandum of understanding (MoU) to acquire 20 additional aircraft, primarily featuring new technology.
As part of the MoU, AviLease will support SDH Wings in expanding its fleet while strengthening its collaboration with Sichuan Development International Holdings (SDIH), the majority shareholder of SDH Wings.