DAE and Azul announce completion of sale leaseback transactions

Dubai Aerospace Enterprise, DAE, and Azul Brazilian Airlines, have announced that they had recently completed delivery of 5 ATR 72-600s to the airline. DAE Managing Director, Khalifa H. Al Daboos, said: “We are delighted to include AZUL as one of DAE’s new clients in Latin America. We look forward to a mutually rewarding long-term relationship with Azul in this rapidly expanding market. We intend to continue to develop our business and increase our fleet through sale and lease-backs of targeted aircraft, such as the ATR 72-600 aircraft.” David Neeleman, Chief Executive Officer and Founder of Azul, said: “We are pleased