The leasing division of Dubai Aerospace Enterprise, DAE Capital, has taken delivery of its first new Boeing 737 MAX 8 aircraft for lease to low-fare airline Gol Linhas Aéreas.

The delivery marks a series of firsts; as the first MAX aircraft to enter the DAE fleet, the first MAX aircraft to deliver to GOL, and also the first of its type to enter the fleet in Brazil.

The transaction is part of a five-aircraft purchase-leaseback transaction with GOL and delivery of the aircraft also forms part of DAE’s fleet strategy, as it moves to new generation technology such as the MAX, B787 and Airbus A350.

GOL is a long-standing DAE customer with eight other aircraft on lease. The remaining four MAX aircraft will be delivered to the airline during the course of this year.

“We are excited about the addition of the Boeing MAX 8 to our fleet and the benefits these cutting-edge aircraft will give our customers,” said DAE chief executive officer, Firoz Tarapore. “DAE is also very pleased to work with our long-standing customer GOL to achieve a first delivery milestone for both our companies. These near-term Boeing deliveries fit well with our own fleet planning requirements, and we look forward to working alongside our customers to deliver these and other new technology in the years to come.”


Written by: Mark Thomas

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