Search

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

DAE Partners with AJet and Turkish Airlines for Boeing 737-8 Aircraft Lease

DAE Partners with AJet and Turkish Airlines for Boeing 737-8 Aircraft Lease

Post by : Maya Rahman

Dubai Aerospace Enterprise (DAE) Ltd has finalized a long-term leasing agreement with AJet and Turkish Airlines for 10 new Boeing 737-8 aircraft. The deliveries are scheduled in two phases: part of the fleet will arrive in 2026, while the remainder is slated for 2027. This agreement highlights AJet's commitment to growing its presence in Türkiye's flourishing aviation sector.

Firoz Tarapore, DAE’s CEO, expressed his enthusiasm for the partnership, stating that this alliance allows DAE to support a longstanding client like Turkish Airlines while facilitating AJet's expansion with modern, fuel-efficient aircraft. He emphasized that Türkiye is among the world's fastest-growing aviation markets, fueling a strong need for updated fleets. Data from Türkiye’s Ministry of Transport indicates a 5.7 percent rise in flight movements in the first half of 2025, signifying a boost in passenger travel and air traffic.

Tarapore acknowledged the trust exhibited by both Turkish Airlines and AJet, wishing the airlines success as they integrate the new aircraft. He added that the chosen models are advanced, fuel-efficient technologies aimed at reducing emissions and operational expenses—a vital consideration for airlines focused on sustainability.

The Boeing 737-8 is part of the enhanced 737 MAX family, recognized for its superior fuel efficiency and performance on medium-haul routes. For AJet, which is growing its domestic and international routes, these aircraft provide essential efficiency and flexibility. The refreshed fleet will enable AJet to manage increasing passenger volumes and expand its route offerings.

Currently, DAE owns or manages a total of 236 Boeing aircraft, including 119 from the 737 MAX family. This underlines DAE’s strong commitment to this aircraft type and its enduring collaboration with Boeing. A sizable Boeing fleet reinforces DAE’s pivotal role in facilitating airline development globally by offering modern aviation solutions.

This new deal serves as a crucial advancement for Türkiye’s aviation industry. With a growing number of travelers and increasing tourism, airlines like AJet and Turkish Airlines are prioritizing fleet expansion with efficient and high-quality jets. The surge in flights and airport infrastructure in Türkiye suggests that the demand for advanced aircraft will continue to rise.

By entering this leasing arrangement with DAE, AJet is better positioned to meet upcoming travel demands, enhance punctuality, and provide a more comfortable journey for its passengers. The scheduled arrival of the new jets in 2026 and 2027 will bolster AJet's long-term growth and modernization strategy.

In conclusion, this agreement signifies a major milestone for DAE, AJet, and Turkish Airlines. It showcases DAE’s robust standing in the global aircraft leasing landscape and its dedication to empowering airline partners with modern solutions. Additionally, it solidifies AJet’s future endeavors, guaranteeing that travelers benefit from a reliable and contemporary fleet.

Dec. 3, 2025 1:51 p.m. 421

#Business News

Most Americans Say Trump Profited Improperly, Poll Finds
Aug. 19, 2026 3:58 p.m.
A Reuters/Ipsos poll finds 63% of Americans call Trump crypto profits inappropriate, while 69% say business interests influence his decisions
Read More
BKE Accident: SBS Transit Bus Driver Among Three Hurt
Aug. 19, 2026 3:38 p.m.
Three people, including an SBS Transit bus driver, were taken to hospital after a multi-vehicle crash on the BKE in Singapore on Aug 19
Read More
RM1.74m Jewellery Stolen in Genting Highlands Heist
Aug. 19, 2026 3:30 p.m.
Three armed men robbed a goldsmith at SkyAvenue, Genting Highlands, stealing 81 jewellery pieces worth RM1.74 million before fleeing in a BMW
Read More
Pakistan SC Orders Imran Khan’s Transfer to Private Hospital
Aug. 19, 2026 3:18 p.m.
Pakistan’s Supreme Court has ordered Imran Khan’s transfer from jail to a private Islamabad hospital, citing concerns over his health and safety
Read More
Philippines School Shooting Leaves Student and Gunman Dead
Aug. 19, 2026 3:08 p.m.
A student shot and killed a classmate at a school in Zamboanga, Philippines, before taking his own life. Two others were injured in the attack
Read More
LandSpace Successfully Lands Zhuque-3 Rocket Booster in China
Aug. 19, 2026 1:14 p.m.
LandSpace successfully lands its Zhuque-3 booster, marking a major step for China’s reusable rocket technology and commercial space industry
Read More
Kuwait Customs Thwart Gold Smuggling Attempts by Two Indian Travelers
Aug. 19, 2026 12:50 p.m.
Kuwait Customs intercepted two Indian flyers to Ahmedabad, seizing 855g of 24-karat gold hidden in their accessories.
Read More
July Cargo Volume at Port of Los Angeles Hits Second-Highest Record
Aug. 19, 2026 11:38 a.m.
The Port of Los Angeles recorded 960,464 TEUs in July, driven by strong imports and rising consumer demand.
Read More
South Korea-US Drills Cut to Five Days Amid North Korea Tensions
Aug. 19, 2026 11:23 a.m.
South Korea and the US have cut joint military drills from 11 days to five, reducing field training after Trump ordered a major US participation cut
Read More