Dubai Aerospace Enterprise (DAE) has signed a purchase-leaseback agreement with Saudia covering four new Boeing 777F aircraft.
The aircraft are scheduled for delivery between October 2026 and May 2027 and will be leased to the Saudi Arabian flag carrier under long-term agreements.
DAE said the additional 777Fs would support Saudia’s expanding cargo operations and increase capacity across its international network.
“This transaction reflects our continued commitment to supporting our airline customers with high-quality, in-demand aircraft,” DAE Chief Executive Firoz Tarapore said.
The Boeing 777F is a long-range wide-body freighter designed for high-capacity cargo operations and is used by a number of major freight carriers worldwide.
DAE owns, manages or has commitments for more than 1,000 aircraft, including over 250 Boeing aircraft. The lessor said it plans to continue expanding its portfolio in response to market demand.
