Oh My, Dubai! New Aircraft Lessor Signs MOU For 100 Airbus Planes | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.13.24

Airborne-NextGen-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

Tue, Nov 13, 2007

Oh My, Dubai! New Aircraft Lessor Signs MOU For 100 Airbus Planes

Airbus CEO Reports 1,122 Gross Orders For 2007

It appears Airbus has regained the sales lead for 2007. On Monday, the European planemaker announced a slew of orders, including two new orders and MOUs for its stalwart A320 family of planes, as well as the newly resurgent A350 XWB.

DAE Capital, the aircraft leasing and financing division of Dubai Aerospace Enterprise (DAE), signed a Memorandum of Understanding (MoU) to buy 100 Airbus aircraft, including 70 A320s and 30 A350 XWB Family aircraft.

DAE Capital aims to become a leading lessor based in the Middle East. Headquartered in Dubai, DAE Capital's parent company DAE manages a number of activities including airport development and operations, engineering, manufacturing and services.

Sheikh Ahmed bin Saeed Al-Maktoum, Chairman, DAE stated that "We are confident that DAE Capital will quickly become a leader in the aircraft leasing business, globally. In chosing a portfolio of A320s and A350 XWBs, we are investing in the most modern fleet available and one that'll offer our customers unmatched competitivity to help meet their own business demands".

"This order is a tremendous endorsement of Airbus aircraft," said Tom Enders, Airbus President and CEO. "We are delighted DAE Capital have chosen to base their fleet on our products and we look forward to a long term partnership. DAE's cluster of aerospace services allows customers to benefit from a world-class knowledge and service pool that is unique in aircraft leasing. The A320 really is the world's leading aircraft in its category and so is the A350 XWB in its class."

Enders told Reuters the planemaker has received 1,122 gross orders to date for 2007, of which Middle Eastern customers account for some 30 percent.

FMI: www.airbus.com, www.dubaiaerospace.com

Advertisement

More News

Sierra Space Repositions Dream Chaser for First Mission

With Testing Soon Complete, Launch Preparations Begin in Earnest Sierra Space's Dream Chaser has been put through the wringer at NASA's Glenn Armstrong Test Facility in Ohio, but w>[...]

ANN's Daily Aero-Term (05.10.24): Takeoff Roll

Takeoff Roll The process whereby an aircraft is aligned with the runway centerline and the aircraft is moving with the intent to take off. For helicopters, this pertains to the act>[...]

Aero-News: Quote of the Day (05.10.24)

“We’re proud of the hard work that went into receiving this validation, and it will be a welcome relief to our customers in the European Union. We couldn’t be mor>[...]

Aero-News: Quote of the Day (05.11.24)

"Aircraft Spruce is pleased to announce the acquisition of the parts distribution operations of Wag-Aero. Wag-Aero was founded in the 1960’s by Dick and Bobbie Wagner in the >[...]

ANN's Daily Aero-Term (05.11.24): IDENT Feature

IDENT Feature The special feature in the Air Traffic Control Radar Beacon System (ATCRBS) equipment. It is used to immediately distinguish one displayed beacon target from other be>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC