DAE Buys 17 Aircraft From China Aircraft Leasing

DAE jet on tarmac
Credit: DAE
Lessor Dubai Aerospace Enterprise (DAE) has bought a portfolio of 23 aircraft, including 17 from China Aircraft Leasing Group Holdings. DAE has signed agreements worth a total of $1.1 billion to acquire 23 aircraft from multiple counterparties. The aircraft portfolio has a weighted average age of 3...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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