Dubai Aerospace Enterprise (DAE) Ltd has announced that its leasing division, DAE Capital, and Bahrain-based Gulf Air have signed an agreement to lease five Boeing 787-9 Dreamliner aircraft.
The planes are scheduled to enter the Gulf carrier’s fleet in 2018, a statement from DAE said, adding that they will help Gulf Air expand its network.
Dubai Aerospace Enterprise’s CEO, Firoz Tarapore said: “Leasing these state of the art new technology aircraft underlines Dubai Aerospace Enterprise’s ability to work across the asset spectrum and help customers with varying fleet requirements. We look forward to supporting one of the Gulf Air as it continues to grow.”
Gulf Air deputy CEO, Captain Waleed Abdulhameed Al Alawi, added: “Our agreement with Dubai Aerospace Enterprise sees Gulf Air gear up for a landmark moment in our history as we welcome five Boeing 787-9 Dreamliners in the coming months.
"The incoming aircraft represent an important step in our strategic direction towards furthering Gulf Air’s fleet modernisation process, enhancing passenger comfort and broadening our network as we look to strengthen our presence across the globe.”
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.