Dubai Aerospace Enterprise (DAE), the aviation services company, has announced that it has signed a purchase agreement with United Airlines for 10 new Boeing B737-9 aircraft and entered into long-term lease agreements for these aircraft, which will be delivered between August 2025 and February 2026.
For his part, Firoz Tarapore, CEO of Dubai Aerospace Enterprise, said the new agreement for the sale and leaseback of 10 Boeing B737-9 aircraft comes in the context of expanding cooperation with United, following a previous deal that included the company's acquisition of an Airbus A321neo leased to United. Tarapore affirmed DAE's commitment to the North American market and noted the company's aspiration to strengthen its partnership with United in the coming years.
The Boeing B737-9 is a new-generation aircraft in the B737 MAX family, designed to deliver higher operational efficiency and improved environmental performance, as well as an enhanced passenger experience in the single-aisle aircraft category.
The aircraft is powered by LEAP-1B engines produced by CFM International and features advanced winglets that help boost performance and economic efficiency. Aircraft in this category record reductions in fuel consumption and emissions of up to 20% compared with the models they replace.
Dubai Aerospace Enterprise owns and manages a fleet of around 750 aircraft, including 225 Boeing aircraft, as part of an expansion plan aimed at meeting growing demand in global markets.
Dubai Aerospace Enterprise (DAE) Ltd is a global aviation services company that operates through two main divisions:
DAE Capital, for aircraft leasing.
DAE Engineering, providing maintenance and repair services.
The company is headquartered in Dubai and serves more than 200 airlines in around 85 countries through its offices in Dubai, Dublin, Limerick, Amman, Singapore, Miami and Seattle.
The leasing division, DAE Capital, has a fleet of around 750 Airbus, Boeing, ATR and Embraer aircraft, including owned, managed, on-order and mandated aircraft, with a fleet value estimated at about $22 billion.
The engineering division, DAE Engineering, provides its services from a state-of-the-art facility in the Jordanian capital, Amman, which can accommodate up to 22 wide-body or narrow-body aircraft. The company is also certified to work on 15 aircraft types and is recognized by more than 25 international regulators.
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