Saudia to add four Boeing 777 freighters through new DAE deal
Dubai: Dubai Aerospace Enterprise has signed a purchase and leaseback agreement with Saudia covering four new Boeing 777F aircraft, expanding the Saudi carrier’s cargo fleet over the coming months. The aircraft will be delivered between October 2026 and May 2027 under long-term lease agreements, DAE said on Monday. Get updated faster…
Dubai Aerospace Enterprise (DAE) and Saudi Arabian carrier Saudia have entered into a purchase and leaseback agreement for four new Boeing 777F aircraft. The deal, announced on Monday, will see the aircraft delivered between October 2026 and May 2027 under long-term lease agreements.
These four Boeing 777F freighters will bolster Saudia's cargo fleet, supporting the airline's expanding cargo operations and enabling the aircraft to serve markets across the carrier's international network. Firoz Tarapore, DAE's CEO, expressed his satisfaction with the transaction, highlighting DAE's commitment to providing high-quality aircraft to airline customers.
The Boeing 777F is a long-range widebody freighter known for its high payload capacity and long-haul operating capability. The aircraft will begin arriving in October 2026 and continue through May 2027. DAE currently owns, manages, and has commitments covering over 1,000 aircraft, with more than 250 of those being Boeing-manufactured. The company plans further fleet expansion to meet market demand.
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