Register | Forgot password?
Switch to Arabic
Saturday, November 21 - 2009

DAE delivers the first B777F to Emirates

  • United Arab Emirates: Wednesday, June 03 - 2009 at 16:55
  • PRESS RELEASE

DAE Capital, the aircraft leasing and financial business arm of Dubai Aerospace Enterprise (DAE), celebrated today the first Boeing 777 Freighter delivery to the Emirates SkyCargo, the Dubai-based air freighter carrier.

Article continues below
  • HH Sheikh Ahmed bin Saeed Al-Maktoum and H.E. Dr. Omar bin Sulaiman.
    HH Sheikh Ahmed bin Saeed Al-Maktoum and H.E. Dr. Omar bin Sulaiman.
This was the first Boeing 777 Freighter delivery to Emirates Airlines. DAE Capital, has a further 7 GE90-115B powered 777 freighters on order due to be delivered between (2009-2014).

HH Sheikh Ahmed bin Saeed Al-Maktoum, Chairman and Chief Executive, Emirates Airlines and Group said:

"Our latest addition of the first boeing 777F is a welcome addition to our fleet and is the largest and most technologically advanced freighter available, marking the beginning of a new generation of world-class freighters. Further it is in line with Emirates SkyCargo's expansion plans and maintains out goal of operating the world's most environmentally efficient fleet."


H.E. Dr. Omar bin Sulaiman, DAE Group Managing Director, said: "DAE's timely delivery of the first B777F aircraft to Emirates highlights our commitment to the growing relationship with Emirates Airline and this first freighter delivery for DAE marks the beginning of the expansion our current fleet portfolio to serve the freighter markets.

DAE Capital's fleet currently comprises 34 single aisle and wide-body aircraft. Furthermore, it has 27 aircraft contracted on a purchase and leaseback basis. DAE Capital has committed to invest in a fleet portfolio with an estimated market value of $27bn that will gradually encompass 100 Airbus A320 family and A350 XWB aircraft, and 100 Boeing 737 Next Generation aircraft and wide-body planes, which will commence delivery in 2010.
Also consider reading:
Log in to request more information from Dubai Aerospace Enterprise (DAE)

Notes and media contacts

About DAE Capital:

DAE Capital is part of Dubai Aerospace Enterprise, a fast developing global aerospace, manufacturing and services corporation made up of six divisions. The others are DAE Engineering, DAE Services, DAE Manufacturing, DAE Airports, and DAE Flight Academy.

Being established as an aircraft leasing and finance business, DAE Capital aims to become one of the largest aircraft leasing companies serving an international market, inside the next decade. It aims to support the incredible demand for new aircraft globally, with a balanced quality portfolio of single-aisle and wide-body aircraft.

DAE Capital offers clients and investors a proposition few others can match. As one of six divisions of DAE, the group provides a synergised cluster of aerospace services, allowing customers to benefit from a world-class shared knowledge and service pool. Its unrivalled position allows it to provide advanced value-added services to airlines in conjunction with the other DAE segments such as engineering, maintenance, repair and overhaul.

DAE Capital seeks to become an integral part of the global aerospace industry and a leading player on the world stage in terms of aircraft leasing and finance.

About DAE:

DAE is a fast developing global aerospace, manufacturing and services corporation made up of six divisions: DAE Capital, DAE Engineering, DAE Services, DAE Manufacturing, DAE Airports, and DAE Flight Academy.

Headquartered in Dubai, the group is growing through a series of phased developments and acquisitions to become a global player and to produce an integrated aerospace cluster, based at Dubai World Central - the new 140 square kilometre airport and logistics city being constructed in Jebel Ali, Dubai. It is forming international partnerships at the highest level of industry with the aim of establishing one of the most innovative and successful businesses in the global aerospace industry within the next decade.

About Emirates:
A fast-growing international airline with one of the youngest fleets in the sky and more than 400 awards for excellence worldwide, Emirates is one of two key corporations in the Emirates Group. The other is Dnata, one of the largest travel organizations in the Middle East with over 8,000 employees handling passenger, cargo, ramp and technical services for numerous airlines at Dubai International Airport. Emirates and Dnata are committed to providing their respective clients and customers with the highest possible level of professional service.

About SkyCargo:
Emirates SkyCargo is the award-winning air freight division of Emirates Airline. Established in 1985, we quickly built a reputation for leading the industry in innovation, flexibility and service. Today, we continue to set the standard. Flying to over 100 destinations worldwide, we pride ourselves on offering our customers comprehensive cargo solutions. Through SkyChain, our online cargo logistics system, we're changing the way the cargo business works, empowering our customers with the tools they need to control their consignments better.

For more information please contact:

DAE Press Office, Marketing & Corporate Communications
Dubai Aerospace Enterprise
DIFC, The Gate District, Building 4, Level 3, P O Box 506592, Dubai, United Arab Emirates
T: +971 4 428 9546
F: +971 4 425 0382

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions