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Dubai Aerospace Enterprise

Dubai Aerospace Enterprise latest

DAE Inks Agreements to Sell Aircraft Worth $500 Million
July 7th, 2021 - 08:30 GMT

DAE Inks Agreements to Sell Aircraft Worth $500 Million

Dubai Aerospace Enterprise (DAE), a global aviation services company, said that its leasing division DAE Capital recently signed agreements to sell nine narrow and wide body aircraft with a total market value of approximately $500 million. The aircraft sales are all expected to close in 2021. Firoz Tarapore, Chief Executive Officer of DAE said: “The post-pandemic market for trading aircraft assets is robust. These transactions demonstrate DAE’s ability to originate ...
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