Dubai's DAE wins new customer with Bangla Airlines deal

Dubai's DAE wins new customer with Bangla Airlines deal
Published: 29 March 2019 - 5 a.m.
By: Aviation Business
Dubai Aerospace Enterprise (DAE), the Middle East's largest aircraft leasing company, on Wednesday announced it had won a new customer with the first delivery to Bangladesh-based US Bangla Airlines.

DAE said that it has delivered an ATR 72-600 aircraft which was handed over at the ATR facility in Toulouse, France.

Firoz Tarapore, CEO of DAE said: “We are delighted to welcome US Bangla as our newest customer, as we are delighted to include Bangladesh in our growing global footprint.

"Our delivery of US Bangla’s ATR once again demonstrates DAE’s ability to effectively address the changing fleet requirements of our customers and our ability to execute such agreements swiftly. We look forward to a strong relationship with US Bangla.”

Mohammed Abdullah Al Mamun, managing director of US-Bangla Airlines added: “We are adding this aircraft to our fleet to meet the growing market demand in domestic sectors and to provide even better services.

"We hope that our relationship with DAE will further expand and strengthen as we continue to grow as an airline of formidable presence.”

The ATR is the final aircraft of an order of 20 aircraft which DAE placed with the manufacturer in 2014.

Last month, the company reported a 70% jump in revenue to over $1.4bn in 2018.

The company also announced pre-tax profits for the year of $428.8m, up 135% compared to the previous year.

Source: Arabian Business

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