Dubai Aerospace Enterprise Selects IAE V2500 to Power 20 New Airbus A320s

DUBAI - Dubai Aerospace Enterprise (DAE) and IAE International Aero Engines today announced that DAE Capital,

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Published: Mon 16 Nov 2009, 11:10 PM

Last updated: Thu 10 Aug 2023, 4:32 PM

The aircraft leasing and financial business arm of DAE, has selected the V2500 SelectOne engine to power 20 new Airbus A320 Family aircraft.

The value of this business is $340 million at list price and deliveries are scheduled to begin in 2011.

These 20 aircraft are part of a 70-aircraft order the leasing company announced in July 2008.

business@khaleejtimes.com

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Published: Mon 16 Nov 2009, 11:10 PM

Last updated: Thu 10 Aug 2023, 4:32 PM

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