The lessor Dubai Aerospace Enterprise (DAE) announced that it had entered into an agreement to acquire 15 Boeing 737 MAX 8 aircraft from Boeing. The order is valued at approximately $1.8 billion at list prices.
“Including this order, we own and manage 162 Boeing aircraft. An increasing number of global aviation regulators are returning the MAX to the skies,” Firoz Tarapore, the Chief Executive Officer of DAE, said. “We are confident in the success of these aircraft as domestic and regional air travel is seeing strong signs of recovery.”
On February 17, 2021, the United Arab Emirates General Civil Aviation Authority ungrounded the Boeing 737 MAX, allowing the aircraft type to once again fly within the UAE airspace.