Dubai, U.A.E., 12 September 2011 - 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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Dubai Aerospace Enterprise (DAE) Ltd is a globally recognized aerospace company specializing in maintenance, repair and overhaul (MRO) services, aircraft completions and aircraft leasing. The Company is headquartered in Dubai and operates in four continents and employs over 4,000 people. More information can be found on the company's web site at www.dubaiaerospace.com.
Contact: press.office@dubaiaerospace.com
© Press Release 2011
