28-07-2025
DAE Announces Purchase and Leaseback Agreement with United for 10 New Boeing 737-9 Aircraft - Middle East Business News and Information
Dubai Aerospace Enterprise DAE Ltd 'DAE', the global aviation services company, today announced that it has signed a purchase agreement with United Airlines for 10 new Boeing 737-9 aircraft and entered into long-term leases for these aircraft delivering between August 2025 and February 2026.
Firoz Tarapore, Chief Executive Officer of DAE, commented, 'We are delighted to continue building on our valued relationship with United. Today's announcement of the purchase-lease back agreement of 10 Boeing 737-9 aircraft follows our recent acquisition of an Airbus A321neo on lease to United, and reflects our continued commitment to the North American market. We congratulate United on their continued success and look forward to further strengthening our partnership in the years ahead.'
The 737‑9 is a member of the Boeing 737 MAX family, designed to deliver enhanced efficiency, improved environmental performance, and increased passenger comfort to the single-aisle market. Powered by CFM International LEAP-1B engines and incorporating advanced technology winglets, the 737 MAX offers excellent economics. The airplane family reduces fuel use and emissions by 20% compared to jets it replaces. DAE currently owns, manages, and is committed to own or manage a total of 750 aircraft, including 225 from Boeing, with plans to further expand its fleet to meet growing market demand.
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 200 airline customers in over 85 countries from its seven office locations in Dubai, Dublin, Limerick, Amman, Singapore, Miami, and Seattle.
DAE Capital is an award-winning aircraft lessor with an owned, managed, and committed fleet of approximately 750 Airbus, Boeing, ATR, and Embraer aircraft with a fleet value of US$22 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 22 wide and narrow body aircraft. It is authorized to work on 15 aircraft types and has regulatory approval from over 25 regulators globally.
