OxfordSaudia Flight Academy has signed a financing agreement with Bank Albilad to buy new trainer aircrafts to keep up with the increased demand for flight training in its branch in King Fahad International Airport in the Kingdom of Saudi Arabia, and in line with its expansion plans inside and outside the Kingdom. The agreement was signed at the Dubai Airshow in the United Arab Emirates, in the presence of a number of local and international companies at this international show.

His Excellency Mr. Abdulaziz Bin Mohammed Al Onaizan, the CEO of Bank Albilad, stated that “Bank Albilad is glad to sign a cooperation agreement with OxfordSaudia Flight Academy. This agreement will contribute to increasing the outputs of national personnel in civil and commercial aviation, and in training pilots, to activate the strategic plans and achieve the Kingdom’s Vision 2030, which targets increasing the local content in various activities, both from a leadership and technical standpoints. This partnership will enable the Academy to achieves its targets and promote its sustainability in the future”.

On his part, Captain Larry Wade, the CEO of OxfordSaudia Flight Academy, said that “This agreement will benefit the flight training industry in the Kingdom of Saudi Arabia. The plans of OxfordSaudia Flight Academy to buy new aircrafts were made to enable it to achieve its vision of being the leading destination internationally for flight training. We are glad that this agreement reflects the confidence of local and international banks in the success achieved, and their confidence in the bright future of OxfordSaudia Flight Academy”.

About OxfordSaudia Flight Academy

OxfordSaudia Flight Academy was established in King Fahad International Airport to cover the significant shortage in training centers in the area. The Academy aims to empower and qualify the local population through a clearly defined training program up to the point of getting a job. The Academy has a unique training program ending in employment, as the graduates of the Academy get the opportunity to work as training instructors at any of OxfordSaudia Flight Academy’s centers around the world. The Academy is equipped with an advanced fleet of Diamond aircrafts, composed of 60 aircrafts and 4 flight simulators, for training utilizing the latest technology and training methods”.

About Bank Albilad

Bank Albilad provides its services to all customers through a wide network of more than 150 branches spread all over the Kingdom. Albilad Phone: 8001237777, Banking Email: SME@Bankalbilad.com. Bank Albilad provides around-the-clock communication service with its customers via Phone: 920001002, WhatsApp: +966920001002, , and toll-free number from inside the Kingdom: 8001230000 for general inquiries and remarks, or through social media: @Bankalbilad on “Twitter”, “Facebook”, “Instagram”, “LinkedIn” and “Snapchat”.