Middle East lessor Dubai Aerospace Enterprise (DAE) has ordered 20 ATR 72-600s and taken options on another 20, marking its first step into regional aircraft leasing. DAE, which has a $3.3 billion portfolio including Airbus A320s, Boeing 737s, A330s and 777s, is scheduled to take delivery of the ATRs in 2015-2018. Announcing the deal at the Singapore Airshow, DAE managing director Khalifa AlDaboos said the $988 million deal was “just the beginning” and that he hopes to “do ...

Subscribe to Access this Entire Article

"DAE makes regional aircraft debut with order for up to 40 ATR 72-600s" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? Log in here.