Dubai Aerospace Enterprise will purchase four new Boeing (BA) 777F freighters from Saudia, the Saudi Arabian flag airline, and lease the planes back to the carrier under long-term agreements, the aviation services enterprise disclosed Monday.
The Boeing 777F jets, which are long-range, wide-body freighters, are slated for delivery to DAE between October and May 2027.
DAE currently owns, manages, and is committed to own more 1,000 aircraft, including more than 250 from Boeing, said the aviation services company.