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

DAE cancels five 747-8Fs

03 November 2011

The orders for five Boeing 747-8Fs will be converted into 777 freighters.

Read more: Dubai Aerospace Enterprise (DAE) Boeing 747-8F Emirates 777

Dubai Aerospace Enterprise (DAE) has cancelled five Boeing 747-8Fs out of an order of 15 freighters. Instead, the airline will take delivery of five 777 freighters to be operated by Emirates.

At list prices, the conversion represents a loss of about $252 million.

“The needs of our customers are constantly evolving and Boeing works closely with them to meet their...


Latest Deals Database Updates

Atlas Air / 05-13 / Ex-Im Guaranteed Bond / 1x747 23/05/2013
Borrower Atlas Air
Amount $m143
Assets 747-8
Comair / 05-13 / PDP financing / 4x737 23/05/2013
Borrower Comair
Overall Arrangers
Assets 737-800
SA Airlink / 05-13 / Airc. Secured Loan / 5xAirc 23/05/2013
Borrower SA Airlink
Amount $m9.5
Assets ERJ 135

Upcoming Events