Aviation Dubai Aerospace to sell 75 aircraft to realign portfolio By Pramod Kumar May 28, 2025, 4:04 PM Alamy via Reuters An Airbus 320, one of the range of aircraft in Dubai Aerospace's fleet Dubai Aerospace Enterprise (DAE), the Middle East’s largest aviation leasing and engineering company, has agreed to sell 75 aircraft to two unnamed buyers as part of its plan to realign its fleet. A portfolio of 50 Embraer E-Jets will be sold to a specialist lessor, DAE said in a statement on Wednesday. Another 25 out-of-production aircraft will be sold to a financial investor. The deal includes lease, asset and technical management services. The terms of the transactions were not disclosed. DAE CEO Firoz Tarapore said these transactions will help the company to focus on its preferred aircraft types and improve the fuel efficiency, age, and lease terms of its fleet. Upon closing of the transactions, its fleet composition is expected to be 45 percent Boeing aircraft, 42 percent Airbus aircraft and 13 percent ATR aircraft. Qatar Airways announces record profit but risks remain The quiet rise of Middle East low-cost carriers Saudi’s air passenger numbers up, but off target All transactions are expected to be closed by year-end, the statement said. In March, DAE acquired 17 aircraft for $1 billion from multiple sellers. Last January the company, which is controlled by the Investment Corporation of Dubai, acquired Ireland-based aircraft leasing company Nordic Aviation Capital. DAE serves more than 200 airline customers in over 85 countries from its eight office locations. Its fleet of 750 Airbus, ATR, Embraer and Boeing aircraft fleet is valued at $22 billion. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
