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This Article is From May 01, 2017

Air India Subsidiary Signs ATR Aircraft Lease Agreement With Dubai Aerospace

Air India Subsidiary Signs ATR Aircraft Lease Agreement With Dubai Aerospace
Alliance Air is a subsidiary of Air India
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Dubai: Government-controlled Dubai Aerospace Enterprise Ltd (DAE) said on Monday it will lease 10 ATR 72-600 aircraft to a subsidiary of Air India. The long-term lease agreements were signed with Alliance Air and the aircraft will be delivered this year, Dubai Aerospace Enterprise said in a statement.

Last month, Dubai Aerospace Enterprise announced it was acquiring Dublin-based AWAS, the world's tenth largest aircraft lessor.

© Thomson Reuters 2017

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