September 11, 2017
DAE to lease two new Airbus A320 aircraft to Vueling
Dubai Aerospace Enterprise (DAE) has announced its leasing division DAE Capital and Spanish low-cost carrier Vueling have completed lease agreements for two Airbus A320 aircraft. These modern, fuel efficient planes will be delivered in 2018 and will be equipped with IAE V2527-A5 SelectTwo engines. These aircraft form part of a direct order DAE has with Airbus for 23 aircraft. The Dubai-based lessor has a long-standing relationship with Vueling having delivered eight Airbus A320 aircraft to the airline from 2013 to 2015. These latest additions will assist the carrier as it looks to capitalize on the increasing demand for leisure and business air travel in Europe.