DAE delivers first of two A330-200s to Air Transat

| DAE Capital

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DAE delivers first of two A330-200s to Air Transat

Dubai, U.A.E., 8th March 2018 – Dubai Aerospace Enterprise (DAE) Ltd. has announced that its leasing division, DAE Capital has delivered the first of two Airbus A330-200 aircraft to Canadian airline Air Transat. Both planes are equipped with RB211 Trent engines.

DAE currently has two Airbus A330-200 aircraft on lease to Air Transat. These latest additions will assist the carrier as it looks to build capacity on their international routes to Europe, the Middle East and the Caribbean.

Commenting on the deal, DAE Chief Executive Officer, Firoz Tarapore said: “We are pleased to be in a position to support the Air Transat fleet strategy in 2018, as they look to develop their international route capacity. This delivery further underscores DAE’s ability to efficiently transition widebody aircraft from customer to customer in different corners of the world. In 2017 alone, DAE transitioned 12 widebody aircraft, including Boeing 777s and 767s, and Airbus A330s.”

Air Transat President, Jean-Francois Lemay commented on the transaction, saying: “We are very pleased to lease these aircraft, our third and fourth A330s from DAE in the last two years. This will help us capitalize on the increasing demand for international leisure air travel on long-haul routes both to and from Canada. Having worked with DAE in the past to lease widebody aircraft, we know we will get great full-service support and we look forward to growing this relationship over the coming years.”


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