DAE delivers first of three new A320s to Spring Airlines

Dubai Aerospace Enterprise’s (DAE) leasing division, DAE Capital has delivered a new Airbus A320-200 aircraft to existing customer, Spring Airlines. The delivery took place at the Airbus delivery centre in Hamburg, Germany. This delivery is the first of three new A320-200 aircraft that DAE has agreed to lease to the Chinese low-cost airline. All aircraft will come equipped with CFM 56-5B4/3 PIP engines. These modern, fuel-efficient planes will be delivered in 2018 and are part of a direct order DAE has with Airbus. Commenting on the deal, DAE Chief Executive Officer, Firoz Tarapore said: “We are pleased to place three