Dubai Aerospace Enterprise (DAE), a leading aircraft lessor, has signed agreements to acquire 23 aircraft valued at approximately $1.1 billion. The portfolio consists mainly of narrow-body and next-generation technology aircraft, with a weighted average age of 3.4 years and an average remaining lease term of 8.8 years. The aircraft are leased to 13 airlines across nine countries, and this acquisition adds six new airline customers to DAE’s global customer base.
Aerospace, Aircraft Leasing,United Arab Emirates, Global
https://www.zawya.com/en/business/aviation/dubai-aerospace-signs-deal-to-acquire-23-aircraft-for-11bln-h3x5fanm