Firoz Tarapore, CEO of Dubai Aerospace, stated: “In line with our commitment to enhance our fleet with next-generation aircraft and reducing the average fleet age, we are pleased to add these fuel-efficient and technologically advanced aircraft to our portfolio.
These agreements also allow us to strengthen our relationships with our global airline customer base, and we welcome three returning airlines as DAE clients.”
Tarapore also noted that DAE continues to explore the secondary market for attractive assets.
Due to ongoing delays in aircraft deliveries.
Dubai Aerospace Enterprise Acquires 17 Aircraft
Dubai Aerospace Enterprise (DAE) has recently signed agreements with multiple parties to acquire 17 aircraft for a total value of approximately $1 billion.
The portfolio consists entirely of next-generation aircraft, with 89% being narrow-body aircraft.
And the distribution includes 80% Airbus models and 20% Boeing models.
These 17 aircraft are currently leased to 11 airlines across 10 countries.
Upon completion of the transaction, these acquisitions are expected to reduce the average age of DAE’s passenger aircraft fleet to 6.9 years.
Besides extending the average remaining lease term of its passenger aircraft fleet to 6.6 years.
What Will the Adjusted Fleet Include ?
Following the deal’s completion, Dubai Aerospace adjusted fleet composition is expected to consist of:
- 46% Airbus aircraft
- 49% Boeing aircraft
- 5% ATR 72-600 aircraft
The A320 family is the world’s most popular narrow-body aircraft series, with over 18,000 orders from more than 300 customers worldwide.
While A321neo, the largest member of the A320neo family, offers unmatched range and performance.
King Frederik X of Denmark received His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the United Arab Emirates, at the Royal Palace in Copenhagen today, at the start of a working visit to Denmark. pic.twitter.com/0P5Y5eD9uA
— UAE Voice (@uae_voiceeng) March 13, 2025
Emission Reduction
The A321neo provides a 50% reduction in noise.
While delivering at least 20% lower fuel consumption and CO₂ emissions compared to previous-generation narrow-body aircraft.
Because it has new-generation engines and advanced Sharklet wingtips
This also enhances passenger comfort with the widest single-aisle cabin in its class.
Meanwhile, the 737 MAX family offers improved efficiency, enhanced environmental performance, and greater passenger comfort in the single-aisle market. Featuring advanced winglets and highly efficient engines, the 737 MAX achieves 20% fuel savings and emissions reduction, 50% lower noise output, and up to 14% lower airframe maintenance costs compared to its competitors.
