Dubai Aerospace Enterprise sells 75 aircraft, focuses on modern, fuel-efficient fleet

Dubai Aerospace Enterprise sells 75 aircraft, focuses on modern, fuel-efficient fleet

Dubai Aerospace Enterprise (DAE) Ltd is selling approximately 75 aircraft in a significant step in optimising its fleet to focus on newer, more fuel-efficient aircraft

Dubai Aerospace to sell 75 aircraft to realign portfolio

Dubai Aerospace Enterprise (DAE), the Middle East’s largest aviation leasing and engineering company, has agreed to sell 75 aircraft to two unnamed buyers as part of its plan to realign its fleet. A portfolio of 50 Embraer E-Jets will be sold to a specialist lessor, DAE said in a statement on Wednesday. Another 25 out-of-production aircraft will be sold to a financial investor. The deal includes lease, asset and technical management services. Th…

DAE to sell 75 aircraft in strategic portfolio realignment

Dubai Aerospace Enterprise (DAE) has signed agreements with two counterparties for the sale of approximately 75 aircraft in a move aimed at optimising its fleet composition and performance. While the financial terms of the transactions remain undisclosed, the strategic divestitures are part of the company's ongoing efforts to streamline operations and align with targeted aircraft types. The planned sale involves two distinct portfolios. The firs…