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DAE completes Boeing 737 MAX 8 transaction with American Airlines

American Airlines © AirTeamImages
American Airlines © AirTeamImages

Dubai Aerospace Enterprise (DAE) has substantially completed the agreement with American Airlines signed in the third quarter of 2020 to deliver 18 new Boeing 737 MAX 8 aircraft.

Firoz Tarapore, Chief Executive Officer of DAE said: “This transaction reflects our agility, our balance sheet strength, our underwriting capability, our ability to assist one of our long-term customers, and our belief in the product strength of the 737 MAX 8 aircraft. We are delighted to see an increasing number of global aviation regulators return the MAX to the skies. We wish American and Boeing great success.”

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