DAE, United sign ten-aircraft purchase-and-leaseback deal

Dubai Aerospace Enterprise (DAE), a global aviation services provider, has signed a significant purchase agreement with United Airlines (United) for ten new Boeing 737-9 aircraft. Under the terms of the agreement, DAE will acquire the aircraft and lease them back to United on long-term contracts, with deliveries scheduled between August 2025 and February 2026.

Firoz Tarapore, Chief Executive Officer of DAE, emphasised the importance of the deal, stating,