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Travel, Tourism & Hospitality DAE signs lease deal with India s IndiGo for 7 planes

February 2021 429 Dubai Aerospace Enterprise (DAE) today announced that it had signed long-term lease agreements for 7 Airbus A321neo aircraft with IndiGo, India’s largest passenger airline.    All 7 aircraft will be powered by CFM International’s Leading Edge Aviation Propulsion (LEAP) engines and are scheduled to be delivered in 2021.   Firoz Tarapore, Chief Executive Officer of DAE, said: “We are delighted to add this fuel-efficient aircraft and popular aircraft type to our leased aircraft portfolio. This investment reiterates our commitment to invest in new, fuel-efficient aircraft to minimize carbon and nitrogen emissions as well as noise while at the same time increase performance, reliability and environmental sustainability. 

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