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Dubai Aerospace Enterprise Completes Placement of Boeing 737-8 MAX Orderbook

Dubai Aerospace Enterprise (DAE) has successfully completed the placement of 14 Boeing 737-8 MAX aircraft with longstanding customers Aeromexico and Icelandair, with Aeromexico to receive 12 aircraft and Icelandair to receive two.

Dubai Aerospace Enterprise Boeing 737-8 MAX Rendering - Courtesy DAE

On Wednesday (January 19, 2022), Dubai Aerospace Ltd. (DAE) announced that they have successfully completed the placement of their Boeing 737-8 MAX orderbook. The order was placed with Boeing in March 2021 and DAE’s longstanding customers Aeromexico will receive 12 aircraft and Icelandair will receive two. Deliveries commenced in October 2021 and will be completed by the end of H1 2022. As of December 31, 2021, DAE had a fleet of 153 Boeing aircraft, including 30 737-8 MAX aircraft.

In Wednesday’s announcement, DAE’s Chief Executive Officer, Firoz Tarapore, said,

“We are very pleased to see the pace of recovery in air travel and the associated demand for these new technology, fuel efficient aircraft. We thank Aeroméxico and Icelandair, both long-term customers of DAE, for their ongoing trust in DAE and wish them much success with their new fleet additions.”

Dubai Aerospace Enterprise (DAE) Limited is a global aviation services company headquartered in Dubai. The company serves over 170 airlines in more than 65 countries from seven offices in Dubai, Dublin, Amman, Singapore, Miami, New York and Seattle. DAE’s award-winning Aircraft Leasing division has an owned, managed, committed and mandated to manage fleet of approximately 425 Airbus, ATR and Boeing aircraft valued at over US$ 16 billion. The company’s Engineering division serves customers in Europe, the Middle East, Africa and Asia from their state-of-the-art facility which can accommodate up to 17 widebody and single aisle aircraft. DAE is authorized to work on 13 aircraft types and has regulatory approval from over 25 global regulators.

Source: Dubai Aerospace Enterprise Ltd. (DAE)


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