Dubai Airshow

Gulf Air Inks 787 Lease Deal with DAE

 - November 13, 2017, 5:25 AM
Khalifa Al Daboos, managing director of DAE (left) and Waleed Al Alawi, deputy CEO of Gulf Air, sign the agreement for Gulf Air to lease five Boeing 787-9 Dreamliners.

Gulf Air signed a lease deal with Dubai Aerospace Enterprise (DAE) on November 12 involving five Boeing 787-9s scheduled to enter the Bahraini carrier’s fleet next year. The airline plans to use the airplanes as expansion vehicles to facilitate future network development, it said.

“Our agreement with Dubai Aerospace Enterprise sees Gulf Air gear up for a landmark moment in our history as we welcome five Boeing 787-9 Dreamliners in the coming months,” said Gulf Air CEO Waleed Abdulhameed. “The incoming aircraft represent an important step in our strategic direction toward furthering Gulf Air’s fleet modernization process, enhancing passenger comfort and broadening our network as we look to strengthen our presence across the globe.”

Gulf Air now serves 42 cities with a fleet of 28 Airbus A320s and A330s. It also holds orders for 39 new Boeing and Airbus jets scheduled to start arriving in 2018.