| DAE Capital | DAE Group
Dubai, U.A.E. and Nairobi, Kenya, 19 February 2025 – Dubai Aerospace Enterprise (DAE) Ltd (“DAE”), a leading global aviation services corporation, today announced the delivery of one Boeing 737-800 aircraft to Kenya Airways during a ceremony in Nairobi. The event was attended by Kenya’s Cabinet Secretary, Davis Chirchir, along with members of the Kenya Airways’ Board of Directors and Leadership Team, and members of the DAE Capital team.
Firoz Tarapore, Chief Executive Officer of DAE, said, “We are pleased to announce the delivery of this aircraft to Kenya Airways, marking a significant milestone in our 20-year partnership and reaffirming our long-standing relationship.
The addition of this Boeing 737-800 to Kenya Airways’ fleet will help meet the growing demand for regional travel and further expand their network. We congratulate the Kenya Airways team on their continued success and look forward to supporting this partnership for years to come.”
Allan Kilavuka, Group Managing Director & Chief Executive Officer of Kenya Airways, commented, “We are committed to building a robust and modern fleet that supports our vision for growth. This lease agreement with DAE is a clear signal to the aviation industry that Kenya Airways is a reliable and forward-thinking partner. We invite other lessors to join us on this journey as we continue to expand our operations and strengthen our position in the global aviation market.”
DAE currently owns, manages, and is committed to own over 500 aircraft, including 196 from the Boeing 737 Family, with plans to further expand its fleet to meet growing market demand.
*ENDS*
About DAE
Dubai Aerospace Enterprise (DAE) Ltd is a globally recognized aviation services corporation with two divisions: DAE Capital and DAE Engineering. Headquartered in Dubai, DAE serves over 170 airline customers in over 65 countries from its seven office locations in Dubai, Dublin, Amman, Singapore, Miami, New York, and Seattle.
DAE Capital is an award-winning aircraft lessor with an owned, managed, and committed fleet of approximately 500 Airbus, ATR, and Boeing aircraft with a fleet value of US$20 billion. DAE Engineering provides regional MRO services to customers in Europe, Middle East, Africa, and South Asia from its state-of-the-art facility in Amman, Jordan, accommodating up to 17 wide and narrow body aircraft. It is authorized to work on 15 aircraft types and has regulatory approval from over 25 regulators globally. More information can be found on the company’s web site at www.dubaiaerospace.com.
About Kenya Airways
Kenya Airways (KQ), The Pride of Africa, is a leading African carrier on a mission to propel Africa’s prosperity by connecting its people, cultures, and markets. We fly to 44 destinations worldwide, 36 of which are in Africa, connecting over 5 million passengers and over 70,000 Tons of cargo annually through our Hub at Nairobi’s Jomo Kenyatta International Airport.
As the sole African carrier in the SkyTeam Alliance, we open up a world of possibilities for our customers, connecting them to over 1,060 destinations in 173 countries. We take pride in offering a delightful flying experience with a caring African touch. Our exceptional African hospitality has consistently earned us global recognition including the prestigious Skytrax World Airline Awards where we were honored with the Best Airline Staff and Best Airline Cabin Crew in Africa in 2024.
For further information, please contact:
| Media | Fixed Income Investors |
| Omar Alziri | Deion McCarthy |
| +971 4 428 9554 | +971 4 428 9576 |
| press.office@dubaiaerospace.com | investorrelations@dubaiaerospace.com |