UPDATE February 26: DAE announced on February 26 that it has signed a definitive agreement to acquire Macquarie AirFinance for $7.0 billion through a combination of debt and equity. The combined companies will have a pro forma fleet of 1.029…
Some two years ago at the 2021 Dubai Airshow , then-President and CEO of Boeing Global Services, Ted Colbert, said that Boeing would be “careful with the amount of capacity we put in the place and our investments.” With numerous…
Lessor Dubai Aerospace Enterprise (DAE) is acquiring 64 Boeing MAX aircraft from fellow lessor China Aircraft Leasing Corporation (CALC) holdings. The aircraft are all in CALC’s unfilled orders backlog with Boeing, with deliveries scheduled through 2026. The portfolio includes 66 MAX 8, -9,…
The acquisition of the aircraft portfolio of SKY Fund I and the effects of the war in Ukraine dominated 2022 for aircraft lessor Dubai Aerospace Enterprise (DAE). While it grew its portfolio, a write-off on nineteen aircraft in Russia pushed DAE…
Lessor Dubai Aerospace Enterprise (DAE) has grown its portfolio by 36 aircraft by acquiring SKY Fund I from leasing asset manager SKY Leasing. The acquisition includes new-technology Airbus and Boeing aircraft, for which DAE itself has no current orders in backlog.…
Here is our rolling report with short aviation news for the month of August 2022: 29 – Spanish airline Air Europa has signed an agreement with AerCap to lease ten Boeing MAX 8s plus five 787-9s. All aircraft will be delivered between…