Monday, September 12, 2011

DAE Capital delivers third Boeing 777 Freighter to Emirates SkyCargo

Published September 12th, 2011 - 10:23 GMT

DAE Capital, the aircraft leasing division of Dubai Aerospace Enterprise (DAE) recently leased the third Boeing 777 Freighter to Emirates SkyCargo.

HH Sheikh Ahmed bin Saeed Al-Maktoum, Chairman and Chief Executive, Emirates Airline and Group said: “This delivery brings our Boeing 777 Freighter fleet to three, ensuring we remain well placed to capitalise on the growing global cargo market. This state-of-the-art freighter will be deployed to São Paulo in Brazil where it will provide additional and vital capacity to Brazilian industries.”

DAE Managing Director Khalifa H. AlDaboos said: “DAE is very pleased to build on its unique relationship with Emirates and become a partner in Emirates’ growth.”

Deutsche Bank and DVB Bank provided financing to DAE for this aircraft.

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