Saudi PIF-backed Avilease to be 'opportunistic' about possible plane orders

The CEO of fast-growing aircraft lessor AviLease on Wednesday said he expects Boeing and Airbus to get their supply issues under control in the next four years and said he will be opportunistic about possible aircraft orders. AviLease , backed by Saudi Arabia's Public Investment Fund (PIF), plans to increase its balance sheet from around $8b to around $20b by 2030, through acquisitions of rivals, buying individual planes and "potentially" doing large orders, CE Ted O'Byrne said.<br/>