DAE Signs Deal for Four Boeing 777F Freighters with Saudia

Dubai Aerospace Enterprise (DAE) has finalized a significant deal with Saudia, Saudi Arabia's national flag carrier. The agreement involves the purchase and leaseback of four new Boeing 777F freighter aircraft.

The transaction is part of DAE's commitment to supporting airline customers with high-quality aircraft that meet growing market demand. As its CEO, Firoz Tarapore, noted, 'the transaction reflects our company’s commitment to supporting airline customers with high-quality, in-demand aircraft.'

The Boeing 777F freighters are known for their payload capability and operational efficiency. With deliveries scheduled between October 2026 and May 2027, the new aircraft will support Saudia's expanding cargo operations and strengthen its global network.

DAE currently owns over 1,000 aircraft, including more than 250 from Boeing, with plans to further expand its fleet to meet growing demand. The company operates through two divisions: DAE Capital and DAE Engineering, serving more than 200 airline customers across over 85 countries worldwide.