Dubai Aerospace Enterprise (DAE) signed a sale-leaseback deal with Saudia for four Boeing 777F freighters. Deliveries are set between 2026 and 2027, expanding the airline's cargo capabilities. This move highlights Dubai's role in global aviation finance.
Our retelling · details in the original publication
Dubai Aerospace Enterprise (DAE) has finalized a purchase and leaseback agreement with Saudi Arabia's national carrier, Saudia. The deal covers four new Boeing 777F freighter aircraft.
DAE purchased the jets and leased them back to Saudia under long-term contracts. Deliveries are scheduled to take place between October 2026 and May 2027.
CEO Firoz Tarapore noted that the transaction supports airline customers with high-demand aircraft. The freighters will help Saudia grow its cargo operations and serve key global markets.
For investors, this reinforces the strength of Dubai's aviation sector. The Boeing 777F is a long-range, widebody aircraft known for its efficiency.
Read the full details in the original publication.
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