Four new freighters are set to join Saudia between October 2026 and May 2027.
Dubai: Dubai Aerospace Enterprise has signed a purchase-and-leaseback agreement with Saudia for four new Boeing 777F freighters, expanding the Saudi carrier’s cargo fleet over the coming months.
The aircraft will be delivered between October 2026 and May 2027 under long-term lease agreements, DAE said on Monday.
The deal will support Saudia’s expanding cargo operations while increasing the number of aircraft available to serve destinations across its international network.
“We are pleased to announce a purchase-and-leaseback agreement for four Boeing 777F aircraft with Saudia. This transaction reflects our continued commitment to supporting our airline customers with high-quality, in-demand aircraft.”
Firoz Tarapore, CEO of DAE
Four aircraft to arrive by May 2027
The Boeing 777F is a long-range widebody freighter designed to transport cargo across international markets, combining high payload capacity with long-haul operating capability.
Deliveries under the agreement are scheduled to begin in October this year and continue through May 2027.
“These aircraft will support Saudia’s expanding cargo operations and strengthen its ability to serve key markets across its global network. We look forward to working with Saudia and wish the airline continued success,” Tarapore said.
DAE fleet surpasses 1,000 aircraft
DAE currently owns, manages or has commitments for more than 1,000 aircraft across its portfolio.
More than 250 of these are Boeing aircraft, with the Dubai-based aviation services company planning further fleet expansion to meet growing market demand.
