| DAE Capital | DAE Group
Dubai, U.A.E., 17 November 2019 – Dubai Aerospace Enterprise (DAE) Ltd. announced today that it has delivered the first of two factory new Airbus A350-900 aircraft to Fiji Airways during a delivery ceremony at the Airbus facility in Toulouse, France. Both aircraft are being delivered on long-term leases. The Airbus A350 XWB is the first of the type to enter Fiji Airways’ fleet, making Fiji Airways the first airline in the South Pacific region to operate this all-new, modern aircraft. The technologically advanced, fuel efficient aircraft will position Fiji Airways as a leader of the environmentally conscious, sustainable travel industry in the South Pacific.
Firoz Tarapore, Chief Executive Officer of DAE commented: “We are delighted to be part of this new chapter of Fiji Airways’ growth and their transition to new technology aircraft. The delivery of this aircraft further positions Fiji Airways as a leading airline in the region and we are privileged to partner with them on this transaction.”
The aircraft will be displayed at the Dubai Airshow, en route to its home base in Nadi, Fiji.
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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, committed to own and committed to manage fleet of approximately 400 Airbus, ATR and Boeing aircraft with a fleet value exceeding US$15 billion. More information can be found on the company’s web site at www.dubaiaerospace.com.
For further information, please contact:
Media | Fixed Income Investors |
Arne Bevaart | Sinan Kahya |
+971 4 428 9591 | +971 4 428 9593 |
press.office@dubaiaerospace.com | investorrelations@dubaiaerospace.com |
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