Air India Subsidiary Signs ATR Aircraft Lease Agreement With Dubai Aerospace

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.