- November 18, 2019, 5:12 AM
Dubai-based property leasing company Palma Holding signed a letter of intent to purchase 20 De Havilland Dash 8-400s on Monday at the Dubai Airshow. Once the purchase agreement is finalized, Palma would become the first lessor worldwide to order the Dash 8-400 turboprops in a dual-class configuration.
The deal came one day after Nigeria’s Elin Group inked a firm order for three Dash 8-400s to support its diverse business interests in real estate development, power generation, agricultural development, gas utilization, mining, maritime operations, and the aviation sector.
