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DUBAI (headlinez.news) — Dubai Aerospace Enterprise (DAE) has completed the sale and leaseback of 10 Boeing 737-9 aircraft to United Airlines, the company announced today.
The deal, finalized within six months of signing the initial agreements, demonstrates the efficiency and flexibility of both DAE and United, according to DAE CEO Firoz Tarapore. “This was accomplished in a short timeframe – just six months from signing the documents to completing the transaction,” Tarapore said. “It highlights the agility and efficiency of both the DAE and United Airlines teams.”
The newly delivered aircraft will support United Airlines’ fleet expansion plans, offering improved fuel efficiency. “We are delivering 10 new, highly fuel-efficient Boeing 737-9 aircraft in support of United Airlines’ fleet expansion plans, and we look forward to continuing to support the airline and developing our relationship,” Tarapore added.
DAE currently owns, manages, and is committed to owning a total of 236 Boeing aircraft, including 119 from the 737 MAX family. The completion of this deal underscores DAE’s position as a significant player in the aircraft leasing market.
