Dubai Aerospace orders 15 Boeing 737 MAX jets

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DUBAI (Reuters) – Dubai Aerospace Enterprise (DAE), one of the world's largest leasing companies, announced Tuesday an order for 15 Boeing (NYSE 🙂 737 MAX 8 jets valued at $ 1.8 billion at list prices.

The order signals another vote of confidence in the narrow-body jet, whose almost two-year safety ban in the USA was lifted at the end of last year. The United Arab Emirates lifted their ban this year.

"We are confident that these aircraft will be successful as domestic and regional flights recover strongly," said DAE CEO Firoz Tarapore in a statement.

The 737 MAX jets were grounded worldwide following fatal accidents in 2018 and 2019.

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