DAE snaps up 10 newbuilds: The UAE’s Dubai Aerospace Enterprise (DAE) onboarded 10 new Boeing 737-9 aircraft from United Airlines under a purchase-leaseback agreement, according to a statement. The carriers are scheduled for delivery between August 2025 and February 2026. DAE did not disclose the value of the investment.

The move brings DAE’s fleet to a total of 750 carriers valued at USD 22 bn — following its acquisition of Ireland-based Nordic Aviation Capital for an enterprise value of USD 2 bn in May. The fleet — which includes 225 Boeing jets — also includes Airbus, ATR, and Embraer carriers.

Sustainable turnover: The new jets — powered by CFM International Leap-1B engines — are set to reduce fuel use and emissions by 20% compared to their predecessors.

REMEMBER- DAE’s been shuffling up its fleet…: DAE inked agreements to offload 75 aircarriers — with US-based aircraft lessor Azzora taking over 49 jets back in May. Prior to this, the aircraft-leasing company acquired 17 used aircraft for USD 1 bn in March. DAE is committed to acquiring a further 100 aircraft from the likes of Airbus, Boeing, and ATR.

… and securing its finances: DAE signed a USD 300 mn three-year unsecured term loan with the Bank of China last month. The loan would be used for general corporate purposes and assist future financing requirements. It would provide “additional liquidity to support our ongoing commitment to meeting the needs of our airline customers while maintaining a modern and efficient fleet,” CEO Firoz Tarapore said.

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