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DAE announced recent aircraft leasing transactions

Dubai Aerospace Enterprise (DAE) announced the following leasing transactions as part of its effort to expand its aircraft leasing portfolio.

DAE placed six new ATR 72-600s on long-term lease to Azul Brazilian Airlines for delivery in 2015.

Four new ATR 72-600s on long-term lease to Airlines PNG, based in Papua New Guinea. These aircraft are scheduled for delivery in 2015 and 2016.

Three new ATR 72-600s on long-term lease to Myanmar National Airlines. These aircraft are scheduled for delivery in 2015 and 2016.

Two Airbus 330-200s on long-term lease to Turkish Airlines. These aircraft are 2008 vintage and being delivered in 2015.

One Boeing 737-800 on long-term lease to Corendon Airlines based in Turkey. This aircraft is 2006 vintage and is equipped with Split Scimitar winglets. This is the first aircraft in Turkey with Split Scimitar winglets and represents DAE’s investment in new technologies and commitment to work with its airline customers to reduce fuel consumption.

One Boeing 737-800 on long-term lease to T’way Airlines based in Seoul, South Korea and extension of the lease of another Boeing 737-800.

The 13th Boeing 777 freighter on long-term lease to Emirates SkyCargo. DAE provided a competitive sale leaseback solution to Emirates for its entire fleet of 13 Boeing 777 freighters.

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