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DAE posted a net profit of $310 million for the first nine months of 2024. (WAM)
  • The aircraft are scheduled to be delivered in 2025.
  • DAE owns and manages 96 737 MAX family aircraft.

DUBAI, UAE – Dubai Aerospace Enterprise (DAE) on Monday announced that it has reached an agreement with Turkish Airlines for the lease of 10 new Boeing 737-8 aircraft.

The aircraft are scheduled to be delivered in 2025.

Chief Executive Officer of DAE Firoz Tarapore said, “We are delighted to further deepen our already strong and long-term relationship with Turkish Airlines and to provide them a solution to their growing fleet requirements with these new technologies, fuel-efficient aircraft.”

DAE currently owns and manages 96 737 MAX family aircraft.

Earlier this month, DAE said that it had reached an agreement with a FLY91 for the lease of 2 ATR 72-600 aircraft.

The aircraft are scheduled to be delivered in 2024 and are expected to be the first aircraft to enter FLY91’s fleet.

FLY91 is a regional carrier that strives to enhance air connectivity from tier 2 and tier 3 towns across India.

DAE currently owns and manages a total of 66 ATR 72-600 aircraft.