Dubai Aerospace Enterprise (DAE), the global aerospace, manufacturing and services corporation, has acquired three Airbus aircraft ordered by Kingfisher Airlines in a sale and leaseback deal. DAE Capital, the aircraft leasing and financing business, announced the completion of the acquisition of three new Pratt and Whitney-powered Airbus A330-200 wide-body aircraft ordered by Kingfisher Airlines from Airbus. Delivery of all three aircraft concluded in August 2008.
Dubai-headquartered DAE Capital is rapidly establishing itself as a world-class aircraft leasing business. It currently has 33 aircraft on its books, with a further 200 Boeing and Airbus aircraft on order with deliveries commencing from 2010.
