FINANCIAL NEWS

Dubai Aerospace predicts to add 30-35 planes from Iran

08 Feb 2016

(MENAFN) Dubai Aerospace Enterprise (DAE), one of Gulf aircraft firms, predicts to add 30-35 planes to its recent stage of 97 with notable demand seen coming from Iran.

Moreover, Iran, which has begun from years of sanctions that stopped it from buying aircraft, confirmed with European producers last month to trade 158 aircraft.

Additionally, Iranian airlines will seek to lease aircraft that are available whereas they await the European deliveries, and the demand will be across the spectrum-narrow and wide bodies.

There will also be chances in the near term, because lessors have the equipment ready and also when the airlines take delivery of the new aircraft and need financing solutions.

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