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RIYADH: Aviation services firm Dubai Aerospace Enterprise announced on Monday that an affiliate had signed an agreement to acquire a portfolio of 64 Boeing 737 MAX aircraft from a wholly owned subsidiary of China Aircraft Leasing Group Holdings Ltd.
According to a press release, DAE said that the portfolio includes 737-8, 737-9 and 737-10 variants, and the delivery of the airplanes is scheduled between 2023 and 2026.
The Dubai-headquartered company did not disclose the transaction terms.
However, it said the 737 MAX airplane family delivers better efficiency,…
