DAE agrees to buy jet lessor Sky Fund I Irish – The National
- Date: 06-Oct-2022
- Source: The National
- Sector:Technology
- Country:UAE
DAE agrees to buy jet lessor Sky Fund I Irish – The National
Aircraft lessor Dubai Aerospace Enterprise has signed of a definitive agreement to acquire 100 per cent of Sky Fund I Irish and its subsidiaries.
Sky Fund I, the Ireland-based jet lessor, owns and is committed to own 36 aircraft on lease to 14 airline customers in 11 countries. Next generation technology aircraft represent more than 90 per cent of the acquired portfolio, DAE said on Thursday.
“We are delighted to acquire this unique portfolio of new technology, fuel-efficient aircraft on lease to 14 airlines, including six new airline customers for DAE,” said Firoz Tarapore, DAE’s chief executive.
Select Sector 
Select Country 
