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Air Arabia Receives Leased Airbus A320 with CFM56-5B4/3 Engines

Air Arabia (UAE) has expanded its fleet with the delivery of an Airbus A320, serial number 5058, A6-AQE, equipped with CFM56-5B4/3 engines. The aircraft is leased and joins Air Arabia’s fleet as part of its ongoing strategy to strengthen operational efficiency and meet growing travel demand. Known for their reliability and fuel efficiency, the CFM56-5B…

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Dubai Aerospace Enterprise to Acquire $500M Narrowbody Aircraft Portfolio, Expands Managed Fleet

Dubai Aerospace Enterprise (DAE), a leading aviation leasing company based in the UAE, has announced plans to acquire 10 narrowbody, next-generation aircraft, with the total portfolio valued at approximately $500 million.