DAE places $988 order for ATR turboprops

February 13, 2014 11:58 am

The Middle East’s largest aircraft leasing firm, Dubai Aerospace Enterprise (DAE) has said it has placed a $988m order for 20 turboprop commercial aircraft, with an option for another 20 planes, from French-Italian manufacturer ATR, Reuters has reported. The order by DAE for 20 ATR 72-600s will see delivery between 2015 and 2018. “We aim to diversify our portfolio and expand into regional aircraft, to meet an increasing demand from airlines that are developing regional air connectivity,” DAE managing director Khalifa AlDaboos said