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Second quarter net operating income of Dh6 million compared to Dh24 million in Q1 2022 mainly due to lower trading revenues; Net loss attributable to shareholders of Dh170 million in Q2 2022 compared to net income of Dh6 million in Q1 2022
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DAE leases 7 aircraft to IndiGo
Dubai - The aircraft will be powered by CFM International’s Leading Edge Aviation Propulsion (LEAP) engines and are scheduled to be delivered in 2021.
DAE's investment reiterates commitment to investing in new and fuel-efficient aircraft to minimise carbon and nitrogen emissions.
Dubai Aerospace Enterprise (DAE) has signed long-term lease agreements with India’s private carrier IndiGo to lease seven Airbus A321neo aircraft. The aircraft will be powered by CFM International’s Leading Edge Aviation Propulsion (LEAP) engines and are scheduled to be delivered in 2021.
IndiGo has a total destination count of 87 with 63 domestic destinations and 24 International. IndiGo operates the Airbus A320 CEO & NEO, the A321 NEO, and the ATR 72-600 aircraft.
“We are delighted to add this fuel-efficient aircraft and popular aircraft type to our leased aircraft portfolio. This investment reiterates our commitment to investing in new, fuel-efficient aircraft to minimise carbon and nitrogen emissions as well as noise while at the same time increase performance, reliability, and environmental sustainability,” said Firoz Tarapore, CEO of DAE.
He said this deal will deepen the long-term relationship with IndiGo and allow the airline to expand the range of its product offering. — waheedabbas@khaleejtimes.com
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