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DAE to lease 7 Airbus aircraft to India's IndiGo

Business Dubai 23 Feb 21
DAE to lease 7 Airbus aircraft to India's IndiGo
Dubai Aerospace Enterprise announced that it had signed long-term lease agreements for 7 Airbus A321neo aircraft with IndiGo, India’s largest passenger airline.
Event Location
Dubai , Dubai
Start Time
23 February 2021, 12:00 AM
End Time
31 March 2021, 12:00 AM

Dubai Aerospace Enterprise (DAE) is leasing seven Airbus A321neo aircraft to India’s IndiGo airline. All seven aircraft are scheduled to be delivered this year itself, the Dubai company said in a statement.

All 7 aircraft will be powered by CFM International’s Leading Edge Aviation Propulsion (LEAP) engines and are scheduled to be delivered in 2021.

IndiGo is India’s largest passenger airline in terms of market share, with a fleet of 281 aircraft including 120 new-generation Airbus A320neo 106 A320, 25 ATRs (twin-engine turboprops) and 30 A321neo.

Firoz Tarapore, Chief Executive Officer of DAE said: "We are delighted to add this fuel-efficient aircraft and popular aircraft type to our leased aircraft portfolio. This investment reiterates our commitment to invest in new, fuel-efficient aircraft to minimise carbon and nitrogen emissions as well as noise while at the same time increase performance, reliability and environmental sustainability." — WAM

Dubai Aerospace enterprise news 2021Dubai Aerospace Airbus A321neo aircraft

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