DAE delivers third Boeing 777 Freighter to Emirates SkyCargo

Dubai, U.A.E., 12 September 2011 – DAE Capital, the aircraft leasing division of Dubai Aerospace Enterprise (DAE) recently leased the third Boeing 777 Freighter to Emirates SkyCargo.

HH Sheikh Ahmed bin Saeed Al-Maktoum, Chairman and Chief Executive, Emirates Airline and Group said: “This delivery brings our Boeing 777 Freighter fleet to three, ensuring we remain well placed to capitalise on the growing global cargo market. This state-of-the-art freighter will be deployed to São Paulo in Brazil where it will provide additional and vital capacity to Brazilian industries.”

DAE Managing Director Khalifa H. AlDaboos said: “DAE is very pleased to build on its unique relationship with Emirates and become a partner in Emirates’ growth.”

Deutsche Bank and DVB Bank provided financing to DAE for this aircraft.