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DAE Capital, the aircraft leasing and financing division of Dubai Aerospace Enterprise (DAE), has signed a firm contract for the purchase of 30
Airbus A350-900 and 70 Airbus A320 aircraft. The contract follows a Memorandum of Understanding (MoU) signed at the Dubai airshow in
November 2007.
DAE Capital aims to become a leading lessor based in the Middle East. DAE Capital’s parent company DAE is a fast developing global aerospace
company with activities including airport development and operations, engineering, manufacturing and services.
“DAE Capital has built a business from ground-up and has made impressive progress since its launch. With our industry-experienced
management team and well-defined road map DAE Capital will become one of the top leasing companies globally,”
said Bob Genise, CEO of
DAE Capital.
The
A320 Family includes the A318, A319, A320 and A321. Each aircraft
features fly by wire controls and all share a unique cockpit and
operational commonality across the range. The A320 Family also offers a
containerized cargo system, which is compatible with the world wide
standard wide-body system. Around 6,200 Airbus A320 Family aircraft have
been sold and more than 3,500 delivered to some 280 customers and
operators worldwide.
The
A350 XWB (Xtra Wide-Body) Family is Airbus’ response to Boeing's
787 Dreamliner. With a range of up to 8,300 nm / 15,400 km, it is
available in three basic passenger versions: the A350-800 accommodating
270 passengers, the A350-900 seating 314, and the A350-1000 for 350
passengers in a typical three-class layout. The A350s are powered by two
new generation Rolls Royce Trent XWB engines delivering each up to
92,000 lbs of thrust.
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