DAE challenges leasing rivals with mammoth airliner deal
Dubai Aerospace Enterprise made good on a promise to challenge the aerospace industry’s established aircraft leasing giants by committing to orders for 200
Dubai Aerospace Enterprise made good on a promise to challenge the aerospace industry’s established aircraft leasing giants by committing to orders for 200 new Airbus and Boeing jets worth more than $27 billion.
DAE chairman HH Sheikh Ahmed bin Saeed Al-Maktoum yesterday officially added $13.5 billion to Airbus’ already bursting order book when he and the European consortium’s CEO, Tom Enders, signed a letter of intent for 70 A320 family aircraft plus 30 A350s. Later in the day, Sheikh Ahmed joined Boeing Commercial Airplanes CEO Scott Carson and other executives to formalize a commitment for 70 Boeing 737 Next Generation aircraft and 30 widebodies split among the Boeing 787, 777 and 747.
