DAE Capital orders 100 Airbus aircraft
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(CAPA FREE) DAE Capital, the aircraft leasing and financing division of Dubai Aerospace Enterprise (DAE), has signed a Memorandum of Understanding to buy 100 aircraft from Airbus. The order is for 70 A320 Family and 30 A350 XWB Family aircraft.
DAE Capital aims to become a leading lessor based in the Middle East. DAE Capital’s parent company DAE is a headquartered in Dubai and manages a number of activities including airport development and operations, engineering, manufacturing and services.
HH Sheikh Ahmed bin Saeed Al-Maktoum, Chairman, DAE stated “We are confident that DAE Capital will quickly become a leader in the aircraft leasing business, globally. In chosing a portfolio of A320s and A350 XWBs, we are investing in the most modern fleet available and one that’ll offer our customers unmatched competitivity to help meet their own business demands”.
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