Air Finance Journal Copying and distributing are prohibited without permission of the publisher

DAE cancels remaining Airbus orders

08 July 2011

The Dubai-based lessor has cancelled orders for 45 Airbus aircraft worth $5.6 billion at list prices.

Tags: Dubai Aerospace Enterprise (DAE)  |  Airbus  |  A320  |  A350-900  |  Boeing

Dubai Aerospace Enterprise (DAE) has cancelled its 45 remaining orders with Airbus. At list prices the aircraft are worth about $5.6 billion.

"As we expected DAE Capital cancelled 34 A320s and 11 A350-900s," says an Airbus spokesperson. "Those aircraft are extraordinarily popular,...


Featured deal

AerCap | 08-14 | Com. loan | 4x787-8 04/09/2014
Latest Deal Status Financial close
Overall Arrangers Natixis, Helaba, Credit Agricole CIB, ING Bank
Assets 787-8
Law firm Clifford Chance, Freshfields
Related article

Latest Poll

Do you think export credit should be more expensive?






Upcoming Events