DAE delivers new A320-200 to China’s Air Guilin

| DAE Capital

Air Guilin

DAE delivers new A320-200 to China’s Air Guilin

Dubai, U.A.E., 1st March 2018 – Dubai Aerospace Enterprise (DAE) Ltd. has announced that its leasing division, DAE Capital delivered an Airbus A320-200 aircraft to new customer, Air Guilin today. The delivery took place at the Airbus delivery centre in Toulouse, France.

DAE has agreed to lease two new Airbus A320 family aircraft to the Chinese airline, based at Guilin Liangjiang airport in Guanxi Autonomous Region. The aircraft will come equipped with CFM 56-5B4/3 PIP engines. The second aircraft will be delivered in March and both planes are part of a direct order DAE has with Airbus.

This latest addition to the Air Guilin A320 family fleet will assist the carrier as it looks to capitalize on China’s increasing domestic demand for leisure and business air travel. Air Guilin currently operates Airbus A319 and A320 airplanes and expects to significantly increase their fleet size by the end of 2018.

Commenting on the deal, DAE Chief Executive Officer, Firoz Tarapore said: “With more than 25 years’ experience of leasing aircraft into China, DAE is pleased to deliver these modern, fuel-efficient aircraft to one of Asia’s newest airlines. We are delighted to welcome on board yet another Chinese customer and we look forward to growing our relationship as Air Guilin develops its ambitious growth strategy.”


About DAE

Dubai Aerospace Enterprise (DAE) Ltd. is a globally recognized aerospace corporation and one of the largest aircraft leasing companies in the world. Headquartered in Dubai, DAE’s leasing and engineering divisions serve over 125 airline customers around the world from its seven locations in Dubai, Dublin, Amman, Singapore and the US.

DAE’s award-winning leasing division DAE Capital has an owned, managed and committed fleet of nearly 400 Airbus, ATR and Boeing aircraft with a fleet value of US$ 14 billion. More information can be found on the company’s web site at www.dubaiaerospace.com.

For further information, please contact:

Arne Bevaart +971 4 428 9591 | Alec Elliott +353 87 187 9161 | press.office@dubaiaerospace.com