Dubai Aerospace Enterprise (DAE) Ltd has announced the signing of lease agreements with Eastar Jet for three new Boeing 737-8 aircraft, set for delivery in mid-2025 and the first quarter of 2026.
This collaboration marks a significant expansion of DAE’s ongoing partnership with the South Korean low-cost carrier.
Firoz Tarapore, CEO of DAE, expressed enthusiasm about the agreement, stating,
“We are pleased to announce a new agreement with Eastar Jet, further strengthening and expanding our ongoing partnership. The addition of these three Boeing 737-8 aircraft to their fleet will support Eastar Jet’s growing network and the rising demand for affordable regional travel.”
Eastar Jet’s CEO, Cho Joong-seok, echoed this sentiment, highlighting the strategic importance of the new aircraft.
“These new aircraft will play a key role in helping us meet customer expectations and enhance our service, reliability, and value. We appreciate DAE’s continued support as we work to strengthen our presence in the Asia-Pacific region as a competitive low-cost carrier,”
he stated.
The Boeing 737 MAX is known for its enhanced efficiency, environmental performance, and passenger comfort. With advanced engines and aerodynamic features, it boasts a 20% reduction in fuel consumption and emissions compared to previous models, making it an ideal choice for airlines seeking to enhance operational performance.
DAE currently owns and manages a total of 500 aircraft, including 215 from Boeing, with plans to expand its fleet further to meet increasing market demand. This partnership with Eastar Jet underscores DAE’s commitment to supporting the growth of regional airlines in a competitive landscape.
News Source: Dubai Media Office
