Dubai-based aircraft leasing company signs major financing agreement with Bank of China
aircraft leasing
Latest in aircraft leasing
aircraft leasing
Saudi aircraft lessor AviLease orders 30 Boeing 737-8 jets
The deal is reinforcing AviLease’s goal of becoming a top 10 global leasing company
acquisition
Dubai Aerospace Enterprise completes $2bn acquisition of Nordic Aviation Capital
The company’s owned and managed fleet now consists of approximately 650 aircraft on lease to 161 airlines across 74 countries
acquisition
Dubai’s Emirates expands fleet with acquisition of 2 Airbus A380s
At the respective lease end dates, expected to be October 14, 2023 and December 2, 2023, Emirates will purchase each of these assets for £28.9 million
acquisition
Dubai Aerospace Enterprise announces closure of aircraft leasing fund SKY Fund I Irish acquisition deal
Sky Fund I leases aircraft to 14 airline customers in 11 countries
aircraft leasing
flydubai, Standard Chartered sign sale and leaseback deal for five Boeing 737 MAX planes
The Dubai-based airline has already taken delivery of four 737 MAX aircraft as it grows its network to more than 100 destinations
aircraft leasing
Dubai’s DAE inks $780m financing deals as it navigates Covid-hit aviation industry
Dubai Aerospace Enterprise CEO says deals underscore company’s commitment to maintaining exceptional liquidity during challenging times
Airbus
Kuwaiti aircraft leasing major secures $75m financing deal
ALAFCO Aviation Lease and Finance Company signs agreement as travel industry looks to rebound from the coronavirus crisis
aircraft leasing
Dubai’s DAE announces $500m deal to sell nine aircraft
Post-pandemic market for trading aircraft assets is ‘robust’, according to CEO Firoz Tarapore
aircraft leasing
DAE chief shows confidence in Boeing 737 Max 8 with $1.8bn order
Dubai-based global aviation services company to acquire 15 of the aircraft
aircraft leasing
Dubai Aerospace completes American Airlines deal for 18 Boeing 737 Max 8
Purchase and leaseback agreement was originally signed back in the third quarter of 2020
aircraft leasing
Kuwait aircraft lessor cuts purchases as virus weighs on travel
Alafco said it would reduce aircraft commitments over 2020-2023 through a combination of cancellations and deferrals to boost its liquidity position and save on costs
aircraft leasing
DAE delivers first of 18 Boeing 737 Max 8 to American Airlines
Boeing 737 Max has returned to service following a 20-month grounding after two fatal crashes
aircraft leasing
Dubai’s DAE wins $1.4bn aircraft deal from global fund manager
Dubai Aerospace Enterprise says mandate will bring its portfolio to over $2.7bn in assets under management
Airbus
Dubai Aerospace Enterprise posts $197m profits in H1
Middle East’s largest plane lessor registers small increase in profit for first six months of 2019
aircraft leasing
Middle East’s largest plane lessor DAE raises $490m to fund growth plans
Dubai Aerospace Enterprise reported small increases in both revenue and net profit for the first quarter of 2019
Airbus A380
Saudi, UAE airlines bolster fleets, flights as Hajj pilgrim numbers surge
Airlines around the Gulf have leased additional aircraft to meet the demands of growing number of pilgrims headed to Saudi Arabia’s cities