Dubai – Mubasher: Dubai Aerospace Enterprise (DAE) on Thursday announced that its leasing division DAE Capital completed lease agreements with Indian full-service carrier Jet Airways for three Boeing 737-800 aircraft.
These latest additions are meant to bridge capacity to their Boeing 737 Max aircraft order, which is expected to be added to the Jet Airways fleet in 2018, the company added in a press release.
DAE enjoyed a long-standing relationship with Jet Airways over three decades, when the company first helped the Indian airline launch services in 1993, assisting with pilot and engineer training, in addition to the lease of their first aircraft, DEA noted.
“We are pleased to be in a position to support the Jet Airways fleet strategy in 2017 as they look to develop their capacity in India. This transaction marks another positive step forward in the long-standing relationship between DAE and Jet Airways, and we look forward to supporting India’s premier airline as it continues to grow.” DAE CEO Firoz Tarapore said
“The timely addition of these aircraft to our fleet will allow Jet Airways to capitalize on the growing air traffic demand, strengthening our domestic footprint. The agreement also reinforces our long-standing association with DAE which we are hopeful to further expand in the years ahead.” Vinay Dube, CEO of Jet Airways, said.