AviLease, a global aircraft lessor headquartered in Saudi Arabia, has announced it will be placing its first direct order with Boeing. The lessor signed an agreement with a firm purchase for 20 737-8 jets and options for 10 more. The deal enables AviLease to scale up its growing portfolio and provides its customers with the latest generation, fuel-efficient aircraft. AviLease is a company under the umbrella of the Saudi Government Public Investment Fund (PIF), which has grown its fleet by adding Airbus A320 family, Boeing 737 family, Airbus A330 and Boeing 787-9 aircraft to its leasing fleet.