11:24 AM EST, 01/27/2025 (MT Newswires) -- Dubai Aerospace Enterprise said Monday it signed a definitive deal with K2 Aviation for the sale of seven Boeing ( BA ) and Airbus aircraft on lease to six unnamed airline customers.

No financial details were disclosed but Dubai Aerospace Enterprise said it also signed an agreement with K2 Aviation to become the servicer of the aircraft. This agreement covers lease and credit management, aircraft remarketing, disposition, and asset management services for K2 Aviation, said the company.

Dubai Aerospace Enterprise expects to close the aircraft deals in the first half.

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