The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Dubai / Emirates Business
Dubai Aerospace Enterprise (DAE) Ltd. announced it has completed the purchase of a portfolio of ATR 72-600 aircraft from GE Capital Aviation Services (GECAS). This purchase brings the total number of owned and committed ATR 72-600 aircraft in DAE’s fleet to 57, making DAE one of the largest lessors of the ATR 72-600 worldwide. In addition, DAE has options with
ATR for a further 20 aircraft of the same type.
Khalifa AlDaboos, Managing Director of DAE said, “DAE firmly believes in the potential of the ATR 72-600 in regional networks, both in terms of its technical capabilities as well as the superior customer experience it provides. Especially in emerging markets, the ATR 72-600 has proven to be an invaluable asset that we will continue to invest inâ€.
The acquisition brings DAE’s total fleet to 126 owned with a client base of 32 airlines worldwide.