DEA Capital to buy 100 Airbus planes for $13.5 bn
DAE Capital, an offshoot of public company Dubai Aerospace Enterprise, announced Monday it would purchase 70 Airbus A320 and 30 A350 planes for a total of 13.5 billion dollars.
By Agencies |
DUBAI: DAE Capital, an offshoot of public company Dubai Aerospace Enterprise, announced Monday it would purchase 70 Airbus A320 and 30 A350 planes for a total of 13.5 billion dollars.
DEA Capital, which leases aircraft, said it had signed a letter of intent to buy the 100 planes. The decision was announced at the 10th Dubai air show.
The deal came on top of a mega-contract announced Sunday for the sale of more than 20 billion dollars' worth of Airbus planes to the Emirates airline -- which executives said was the biggest order in the European constructor's history.
DEA Capital, which leases aircraft, said it had signed a letter of intent to buy the 100 planes. The decision was announced at the 10th Dubai air show.
The deal came on top of a mega-contract announced Sunday for the sale of more than 20 billion dollars' worth of Airbus planes to the Emirates airline -- which executives said was the biggest order in the European constructor's history.
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