DAE signs 147 lease transactions in first nine months of 2021

©Dubai Aerospace Enterprise (DAE)

Dubai Aerospace Enterprise (DAE) has announced its business transactions update for the first nine months of 2021 for its aircraft leasing division, DAE Capital.

The company acquired 23 aircraft during the first nine months, ten owned, and 13 managed and it sold 23 aircraft (owned: 16; managed: seven) and furthermore signed three new servicing agreements covering six aircraft. DAE Capital reported that it signed 147 lease agreements, extensions, and amendments (owned: 128; managed: 19) in the first nine months of 2021. The fleet size of owned, managed, committed, and mandated to manage, was 425 aircraft.

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