DAE, Azul complete delivery of five ATR 72-600s

In 2014, DAE placed a direct order with the manufacturer for up to 40 ATR 72-600s.

By Staff Report

  • Follow us on
  • google-news
  • whatsapp
  • telegram

Published: Tue 27 Jan 2015, 11:45 PM

Last updated: Fri 26 Jun 2015, 12:12 AM

Dubai: Dubai Aerospace Enterprise (DAE) and Azul Brazilian Airlines announced that they had recently completed the delivery of five ATR 72-600s to the airline.

DAE managing director, Khalifa H. AlDaboos, said: “We are delighted to include Azul as one of DAE’s new clients in Latin America. We look forward to a mutually rewarding long-term relationship with Azul in this rapidly expanding market. We intend to continue to develop our business and increase our fleet through sale and lease-backs of targeted aircraft, such as the ATR 72-600 aircraft.”

David Neeleman, chief executive officer and founder of Azul, said: “We are pleased to add DAE to our list of finance partners and look forward to a long-term relationship with DAE particularly as we increase the number of aircraft in our fleet. With the ATR72-600’s covering our 100 domestic destinations we believe AZUL does and shall continue to truly serve all of Brazil.”

In 2014, DAE placed a direct order with the manufacturer for up to 40 ATR 72-600s. The total portfolio at year-end 2014 is approximately $3.6 billion. Dubai Aerospace Enterprise is a globally recognised aerospace company specialising in maintenance, repair and overhaul (MRO) services, aircraft completions and aircraft leasing.

— business@khaleejtimes.com



More news from