DAE delivers fourth Boeing 777 Freighter to Emirates SkyCargo

Dubai, March 11, 2012 (WAM) - DAE Capital, the aircraft leasing division of Dubai Aerospace Enterprise (DAE), has delivered to Emirates Sky Cargo the fourth Boeing 777 freighter under a long-term lease. "The arrival of this Boeing 777F is a valuable addition to our freighter fleet - now comprising four Boeing 777Fs and four Boeing 747Fs - and will enable us to facilitate even more international trade between points on our expanding route network, further consolidating Dubai's position as a global trade hub," said HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group. "We took delivery of our first Boeing 777F in early 2009 and are very satisfied with its performance. It is the most technologically advanced freighter in operation; it's reliable, has excellent long-range capabilities and - having provided us increased flexibility to offer customers creative solutions to the most challenging cargo, such as heavy and oversized shipments - it has helped strengthen Emirates SkyCargo's position as an industry leader in the global cargo market," added Sheikh Ahmed. DAE Managing Director Khalifa H. AlDaboos, said: "DAE is delighted to be have provided all four 777 freighters in the Emirates SkyCargo's fleet. Emirates is an important client and we look forward to building on our relationship to provide solutions for their growing needs." - Emirates News Agency, WAM