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Dubai Aerospace Enterprise Invests $1 Billion in Next-Generation Aircraft
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Dubai Aerospace Enterprise Invests $1 Billion in Next-Generation Aircraft

Dubai Aerospace Enterprise (DAE) has announced a significant investment of approximately $1 billion to acquire 17 next-generation aircraft, aimed at enhancing its global fleet. This strategic move highlights DAE’s commitment to modernizing its portfolio and solidifying its position within the aviation leasing industry. The acquisition comprises 15 narrow-body and 2 wide-body aircraft, all featuring advanced...

Dubai Aerospace Enterprise Acquires 17 Aircraft in $1 Billion Deal
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Dubai Aerospace Enterprise Acquires 17 Aircraft in $1 Billion Deal

Dubai Aerospace Enterprise (DAE) announced today that it has signed agreements with multiple counterparties to acquire 17 aircraft for an estimated total of around $1 billion. This new portfolio is entirely composed of next-generation aircraft, with 89 percent categorized as narrow-body aircraft. Firoz Tarapore, the CEO of DAE, expressed satisfaction with the acquisition, stating that...