DAE + Hainan Airlines ink lease agreement: China’s Hainan Airlines has inked lease agreements with Dubai Aerospace Enterprise (DAE) for four Boeing 737-8 aircraft, according to a press release. The aircraft are scheduled for delivery in 4Q 2025 and 1Q 2026.

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Why the 737? The Boeing 737 MAX offers improved efficiency, enhanced environmental performance, and reduced fuel use and emissions by 20% compared to previous jets, according to the statement.

DAE has been on a roll: DAE inked an agreement in October to acquire 10 aircraft for approximately USD 500 mn. DAE also facilitated the purchase and sale of equity interests in 36 managed aircraft from existing investors to new investors. The firm also inked agreements back in August to acquire 23 aircraft from several entities for USD 1.1 bn, leasing them to 13 airlines in nine different countries.

A big portfolio: DAE’s leading division boasts a fleet of 500 Airbus, ATR, and Boeing aircraft valued at USD 18 bn — which consists of 313 owned, 111 managed, and 76 committed aircraft. The firm purchased 11 owned aircraft and 36 managed aircraft as well as sold 16 owned aircraft and 31 managed aircraft during the first nine months of the year. The portfolio consists of 91% narrow-body aircraft by value and 86% of the portfolio is next-generation tech aircraft.

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