DAE signs deal with Saudia for four Boeing 777 planes (BA:NYSE)
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5 Articles
Saudia expands cargo fleet with four Boeing jets
DAE secures leaseback deal Deliveries start in 2026 Cargo capacity push accelerates Dubai Aerospace Enterprise (DAE) will acquire four aircraft and lease them back to Saudia, as the Saudi carrier expands its international cargo capacity. The Dubai government-owned lessor, backed by the Investment Corporation of Dubai, will buy four Boeing 777F aircraft, with delivery expected between October 2026 and May 2027. The Boeing aircraft will support Sa…
DAE agrees four-aircraft 777F deal with Saudia
Dubai Aerospace Enterprise (DAE) has signed a purchase-leaseback agreement with Saudia covering four new Boeing 777F aircraft. The aircraft are scheduled for delivery between October 2026 and May 2027 and will be leased to the Saudi Arabian flag carrier under long-term agreements. DAE said the additional 777Fs would support Saudia’s expanding cargo operations and increase capacity across its international network. “This transaction reflects our …
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