Connect with us

Aircraft Orders & Deliveries

DAE Leases 10 Boeing 737-8 Jets to AJet for Fleet Expansion

Dubai Aerospace Enterprise signs lease agreement with AJet for 10 Boeing 737-8 aircraft to boost fleet and route growth starting 2026.

Published

on

This article is based on an official press release from Dubai Aerospace Enterprise (DAE).

DAE Secures Long-Term Lease Deal with AJet for 10 Boeing 737-8 Aircraft

Dubai Aerospace Enterprise (DAE) Ltd. has officially announced a significant agreement to lease 10 new Boeing 737-8 aircraft to AJet, the low-cost subsidiary of Turkish Airlines. The deal, confirmed on December 3, 2025, underscores the continued expansion of the Turkish aviation sector and DAE’s role as a critical partner in fleet modernization for major carriers.

According to the announcement, the aircraft are scheduled for delivery beginning in 2026 and continuing through 2027. These new placements are intended to support AJet’s aggressive growth strategy as it establishes itself as a standalone entity following its spinoff from Turkish Airlines in early 2024. The agreement highlights the strong, ongoing relationship between the Dubai-based lessor and the Turkish Airlines group.

Strategic Fleet Expansion for AJet

The acquisition of these 10 Boeing 737-8 (MAX) aircraft aligns with AJet’s publicly stated ambition to significantly scale its operations. As a low-cost carrier (LCC), AJet is focused on operating fuel-efficient, high-density aircraft to maintain competitive operating costs while expanding its route network.

In a statement regarding the agreement, Firoz Tarapore, Chief Executive Officer of DAE, emphasized the strategic nature of the partnership:

“We are delighted to be chosen by long-time customer Turkish Airlines to provide them a solution to AJet’s growing fleet requirements with these new-technology, fuel-efficient aircraft. Türkiye is a fast-growing market… We thank Turkish Airlines and AJet for their ongoing trust in DAE.”

AJet has set ambitious targets for the coming decade. According to corporate strategy outlines released earlier in 2025, the airline aims to nearly double its fleet to 200 aircraft by 2033. This lease agreement provides the necessary capacity to replace older models and support new routes across Western Europe, Central Asia, and the Middle East.

DAE’s Financial Strength and Portfolio

This transaction reflects the robust financial health and portfolio depth of Dubai Aerospace Enterprise. As of late 2025, DAE manages a massive fleet ranging between 726 and 750 aircraft, with a total portfolio value estimated at approximately $23 billion. The lessor has maintained a strong focus on next-generation technology, with commitments to 236 Boeing aircraft, including 119 from the 737 MAX family.

DAE’s ability to execute such large-scale placements is supported by strong financial performance. In its financial-results for the nine months ending September 30, 2025, DAE reported a 100% increase in profit before tax to $653 million, alongside a 26% rise in revenue to $1.28 billion. These figures suggest that the lessor is well-capitalized to support the long-term leasing requirements of expanding carriers like AJet.

AirPro News Analysis: The 737-8 Advantage

The selection of the Boeing 737-8 is a calculated move for a low-cost carrier operating in the competitive European and Middle Eastern markets. The aircraft offers a 16-20% reduction in fuel use and CO2 emissions compared to previous-generation 737s. For AJet, this efficiency is critical for maintaining low unit costs.

Furthermore, the range of the 737-8, approximately 3,500 nautical miles, allows AJet to reach destinations as far as Western Europe and Central Asia from its hubs in Istanbul and Ankara without refueling. This capability is essential as the airline plans to expand its network to 44 countries.

Market Context: The Turkish Aviation Boom

The deal arrives during a period of substantial growth for Turkey’s aviation industry. Data from the Turkish Ministry of Transport indicates that flight movements in the country increased by 5.7% in the first half of 2025. The dual-brand strategy employed by the Turkish Airlines group, using the main carrier for premium hub traffic and AJet for point-to-point leisure traffic, requires distinct fleet solutions for each entity.

By securing these 10 aircraft, AJet ensures it has the hardware necessary to capture this growing market demand while adhering to the tight delivery timelines required for its 2026–2027 operational schedule.

Sources

Photo Credit: DAE

Continue Reading
Click to comment

Leave a Reply

Aircraft Orders & Deliveries

Maldivian Orders Twin Otter Classic 300-G at Farnborough 2026

Island Aviation Services signs LOI for two DHC-6 Classic 300-G aircraft, the first order of the variant in the Maldives.

Published

on

De Havilland Aircraft of Canada Limited and Island Aviation Services Limited, operating as Maldivian, signed a Letter of Intent on July 22, 2026, for the purchase of two DHC-6 Twin Otter Classic 300-G aircraft. The agreement, finalized at the Farnborough Airshow, marks the first orders of the new-generation turboprop for the Maldives, currently the largest Twin Otter operating market globally.

Announced via a company press release, the acquisition will support inter-island transportation, tourism, and regional connectivity across the Maldivian archipelago. The Twin Otter has long been a foundational asset for aviation in the region, and the introduction of the Classic 300-G variant aims to modernize the local fleet with updated technology.

Expanding the Maldivian fleet

Island Aviation Services Limited will become the first operator in the country to bring the Classic 300-G into service. The Maldives relies heavily on seaplane operations to connect its dispersed atolls and luxury resorts, making the short takeoff and landing capabilities of the Twin Otter essential for the local tourism economy.

Ibrahim Iyas, Managing Director of Island Aviation Services Limited, noted that the aircraft has been an integral part of local aviation for decades.

“This newest generation aircraft will allow us to continue providing the dependable service our passengers expect while benefiting from the aircraft’s latest technological and operational enhancements,” Iyas said.

Ryan DeBrusk, Vice President of Sales for De Havilland Canada, emphasized the strategic importance of the region, stating there is no better place to introduce the next generation of the aircraft than its largest global market.

Certification and lifecycle support milestones

The LOI coincides with broader programmatic advancements for the Twin Otter platform. On July 22, 2026, De Havilland Canada announced that the Twin Otter Classic 300-G received certification from the European Union Aviation Safety Agency (EASA). This regulatory approval clears the path for deliveries to operators in Europe and other jurisdictions that recognize EASA standards.

Concurrently, the manufacturer launched its Twin Otter Re-Life Supplemental Type Certificate (STC) programs. These factory-supported options are designed to extend the service life of existing DHC-6 airframes, providing operators with alternatives to fleet replacement. To date, De Havilland Canada has produced over 1,000 Twin Otter aircraft worldwide.

AirPro News analysis

We view the Maldivian order as a critical endorsement for the Classic 300-G program. Securing a commitment from the world’s largest Twin Otter market validates De Havilland Canada’s strategy to update the legacy airframe rather than design a clean-sheet replacement. The concurrent EASA certification and Re-Life STC announcements demonstrate a dual approach: capturing new sales with the Classic 300-G while monetizing the extensive existing global fleet through factory-supported life extension programs.

Sources: De Havilland Aircraft of Canada Limited

Photo Credit: De Havilland Aircraft of Canada Limited

Continue Reading

Aircraft Orders & Deliveries

Luxair Orders Three Embraer E190-E2s at Farnborough 2026

Luxair converts three E190-E2 purchase rights to firm orders, raising its total Embraer E2 commitment to nine aircraft.

Published

on

Luxair has finalized an agreement with Embraer to convert three Embraer E190-E2 purchase rights into firm orders, advancing the Luxembourg flag carrier’s strategy to transition to a streamlined, two-type fleet by the end of the decade.

Announced on July 21, 2026, during the Farnborough International Airshow, the transaction increases Luxair’s firm E2 order book to nine aircraft. According to an Embraer press release, the airline also secured one additional purchase right as part of the deal, providing further flexibility for its regional network expansion.

Fleet modernization and E190-E2 configuration

The newly ordered Embraer E190-E2 Commercial-Aircraft are scheduled to begin arriving in late 2028. Reporting by Aviation Week indicates that Luxair plans to configure the aircraft with 100 seats. This specific capacity allows the airline to optimize crew requirements, as the 100-seat threshold permits operation with just two flight attendants.

Luxair Chief Executive Officer Gilles Feith told Aviation Week that the E190-E2s will play a crucial role in managing capacity across different times of the day. Feith noted that the aircraft will support high-frequency routes while efficiently serving mid-day connections that typically experience lower passenger demand.

The introduction of the E190-E2 is a key component of Luxair’s plan to retire its older turboprop fleet. Aviation Week reports that the airline currently operates 11 De Havilland Canada Dash 8-400 aircraft, which are slated for phase-out as the new Embraer jets enter service.

Building a two-type fleet architecture

Luxair already operates four Embraer E195-E2 aircraft within its network and holds firm Orders for two more. The addition of the three E190-E2s brings the total E2 commitment to nine airframes, allowing the carrier to leverage full cross-crew qualification and maintenance commonality between the two variants.

Embraer Commercial Aviation President and CEO Arjan Meijer highlighted the operational benefits of the aircraft in the company’s official announcement.

“We are delighted that Luxair has chosen to further grow its E2 fleet with this additional order. The E190-E2 combines outstanding economics, operational efficiency, and passenger comfort, making it the ideal aircraft for airlines seeking sustainable growth.”

The Airlines is also expanding its narrowbody operations. During the same Farnborough event, Aviation Week reported that Luxair converted two Boeing 737 MAX 10 options into firm orders. This brings the carrier’s total Boeing commitment to eight Boeing 737 MAX 8s and four Boeing 737 MAX 10s. Together, the Embraer E2 family and the Boeing 737 MAX family will form the backbone of Luxair’s targeted two-type fleet by early 2030.

In the near term, Luxair is preparing to expand the operational footprint of its existing E2 fleet. The airline plans to begin operating its E195-E2s at London City Airport (LCY) later in 2026, pending the completion of pilot training required for the airport’s mandatory steep approach procedures.

AirPro News analysis

We view Luxair’s fleet restructuring as a textbook example of capacity right-sizing in the European regional market. By replacing 78-seat Dash 8-400 turboprops with 100-seat E190-E2s and larger E195-E2s, the carrier achieves a moderate capacity increase while standardizing pilot training and maintenance across the Embraer E2 family. The strict 100-seat configuration on the E190-E2 is a highly calculated move to maximize passenger volume without triggering the regulatory requirement for a third cabin crew member, thereby protecting unit costs on thinner mid-day routes. Transitioning to an all-jet fleet of E2s and 737 MAX aircraft will also significantly simplify the airline’s operational complexity by 2030.

Sources: Embraer

Photo Credit: Embraer

Continue Reading

Aircraft Orders & Deliveries

Binter Canarias Orders Five More Embraer E195-E2 Aircraft

Binter Canarias placed a firm order for five Embraer E195-E2s at Farnborough 2026, its fourth order for the type.

Published

on

Spanish regional carrier Binter Canarias (NT) has expanded its commitment to the Embraer E2 family, placing a firm order for five additional Embraer E195-E2 aircraft and securing four purchase rights. The agreement, announced on July 21, 2026, at the Farnborough International Airshow, will further support the airline’s network expansion beyond its traditional inter-island routes.

In a press release issued during the trade show, Embraer S.A. confirmed this marks Binter’s fourth order for the E2 family. The Canary Islands-based operator was a launch customer for the type, taking delivery of its first Embraer E195-E2 in December 2019. The new airframes will join a fleet that currently includes 16 Embraer E195-E2s and 26 ATR 72-600 turboprops, enabling longer nonstop connections between the archipelago, mainland Spain, and international destinations.

Fleet expansion and operational strategy

Binter configures its Embraer E195-E2 aircraft with 132 seats in a single-class layout. The cabin features a two-by-two seating arrangement, eliminating middle seats and aligning with the carrier’s focus on passenger comfort on longer regional sectors.

The airline received its 16th Embraer E195-E2 in April 2025. The addition of five firm orders and four purchase rights provides a clear growth pipeline for the operator as it continues to leverage the jet’s range and fuel efficiency to open new markets that would be unviable with its ATR 72-600 fleet.

Manufacturer perspective on the E2 program

Embraer highlighted Binter’s repeated orders as a validation of the aircraft’s operational economics. Arjan Meijer, President and CEO of Embraer Commercial Aviation, noted the airline’s role in demonstrating the platform’s capabilities.

“This new order reflects the outstanding performance of the E195-E2 in service and the value it delivers through exceptional efficiency, passenger comfort, and operational flexibility,” Meijer stated. “Binter has become a benchmark for successful E2 operations, with this fourth order underscoring its confidence in the aircraft’s performance.”

The Farnborough announcement adds to Embraer’s backlog for the E2 program, which competes directly with the Airbus A220 family in the 100-to-150-seat market segment.

AirPro News analysis

We view Binter’s incremental order strategy as a measured approach to capacity growth. By placing a fourth distinct order rather than a single massive commitment, the carrier maintains fleet flexibility while steadily building its mainland network. The combination of the ATR 72-600 for high-frequency inter-island hops and the Embraer E195-E2 for longer, thinner routes provides a highly optimized dual-fleet structure that maximizes both yield and operational efficiency.

Sources: Embraer

Photo Credit: Embraer

Continue Reading
Every coffee directly supports the work behind the headlines.

Support AirPro News!

Advertisement

Follow Us

newsletter

Latest

Categories

Tags

Every coffee directly supports the work behind the headlines.

Support AirPro News!

Popular News