Dubai Aerospace leases 7 Airbus A321neo aircraft from IndiGo

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DUBAI —Dubai Aerospace Enterprise (DAE) on Tuesday announced that it had signed long-term lease agreements for 7 Airbus A321neo aircraft with IndiGo, India’s largest passenger airline.

All 7 aircraft will be powered by CFM International’s Leading Edge Aviation Propulsion (LEAP) engines and are scheduled to be delivered in 2021.

Firoz Tarapore, Chief Executive Officer of DAE said: “We are delighted to add this fuel-efficient aircraft and popular aircraft type to our leased aircraft portfolio. This investment reiterates our commitment to invest 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.” — WAM