Dubai Aerospace Enterprise acquires 13 aircraft in Q1-21

  • Date: 13-Apr-2021
  • Source: Mubasher
  • Sector:Defense
  • Country:UAE
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Dubai Aerospace Enterprise acquires 13 aircraft in Q1-21

UAE – Mubasher: Dubai Aerospace Enterprise (DAE) has acquired 13 aircraft, including nine owned and four managed, during the first quarter (Q1) of 2021.

The company has sold seven aircraft, including four owned and three managed, according to a recent press release.

The total size of the company's fleet reached 425, serving 108 customers across 52 countries.

Meanwhile, DAE has signed 48 lease agreements and extensions in Q1-21, in addition to a new servicing agreement.

The global aviation services company has recorded new senior unsecured debt issuance worth $1.55 billion in the first three months of 2021.