Dubai Aerospace Industries will acquire 94 aircraft in 2022

The average age of the aircraft fleet is 6.5 years.

From the source

Dubai Aerospace Industries has announced the most prominent achievements of its business and operations for the year 2022.

And it stated in a statement yesterday that the number of aircraft acquired reached 94 (46 of which are owned and 48 are managed).

She added that the number of lease agreements, expansions and amendments signed reached 143 agreements, while the size of the aircraft fleet (owned, managed, under delivery and authorized to manage) reached 500 aircraft.

And «Dubai Aviation Industry» pointed out that the number of its customers reached 118 customers from 59 countries.

The results of "Dubai Aviation Industry" showed that the average age of the owned aircraft fleet was 6.5 years, while the average remaining lease period for the aircraft fleet was 6.3 years.

It stated that it had completed the acquisition of “SKY Fund I” and “Irish Ltd” in the fourth quarter of the year, and had also signed a new aircraft management mandate to acquire and manage up to $1.75 billion in aircraft assets.

The number of working hours reserved in the engineering department of Dubai Aerospace Industries reached one million and 300 thousand working hours, while the number of examinations that were conducted reached 315 examinations, and the number of dealers exceeded 50 dealers from 25 countries.

• The company signed 143 lease agreements, expansions and modifications, and the size of its fleet is 500 aircraft.

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