29th August, 2023
In little more than a year of its existence, AviLease has become a major player in global aviation as one of the top lessors to the airline industry, thanks to the backing of Saudi Arabia’s Public Investment Fund (PIF).
13th March, 2023
Saudi Arabia’s Public Investment Fund (PIF) has firmed up its new airline plan, outlined last September as “RIA”, with an official launch of Riyadh Airlines and an aircraft order valued at US$35 billion.
18th October, 2022
Abu Dhabi’s infrastructure-oriented sovereign wealth fund ADQ has taken full control of the Etihad Aviation Group (EAG), adding it to an aviation portfolio that also includes Abu Dhabi Airports, Wizz Air Abu Dhabi and ADQ Aviation & Aerospace Services Company.
14th September, 2022
Saudi Arabia’s ambition to become a global tourism destination is led by the US$620 billion Public Investment Fund (PIF), which this week announced it would acquire a 30% stake in Almosafer Travel & Tourism Co., a unit of Riyadh-listed Seera Group Holding for SAR1.55 billion (US$412 million).
5th September, 2022
The world is set to see a new major flag carrier in the aviation industry, courtesy of Saudi Arabia’s Public Investment Fund (PIF) which is establishing a new airline with a US$30 billion capital injection.
10th August, 2022
Saudi Arabia’s rapidly growing Public Investment Fund (PIF) could become the biggest shareholder in the UK’s busiest airport if it goes ahead with the acquisition of Ferrovial’s 25% stake.
13th September, 2021
State-owned investors are taking very different approaches to Australian real assets impacted by the pandemic, although long-term strategic factors rather than short-term tactical moves are driving current divestment and acquisition activity.
20th January, 2021
Vietnam’s State Capital Investment Corporation became the latest state-owned investor to throw a lifeline to a troubled national carrier, announcing plans this week to invest US$345 million in Vietnam Airlines. The move follows the Vietnam’s National Assembly approval in November of a support package for the airline, after reporting losses or approximately US$520 million in 2020 due to the coronavirus pandemic.