Dubai Aerospace Enterprise acquires SKY Fund I

Dubai Aerospace Enterprise (DAE) has completed the acquisition of SKY Fund I Irish and its subsidiaries Sky Fund I own 36 aircraft on lease to 14 airline customers in 11 countries. Next-generation technology aircraft represent more than 90% of the acquired portfolio. DAE’s Chief Executive Officer, Firoz Tarapore, said: “This acquisition of mainly next-generation, fuel-efficient aircraft supports our continued growth and furthers our commitment to investing in new technology aircraft, reducing the emissions intensity of our overall fleet. We are delighted to welcome our new airline relationships to the business, and deepen our relationship with existing airline customers.” Following the