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DAE in Alliance Air lease deal

Posted 3 May 2017 · Add Comment

Dubai Aerospace Enterprise (DAE) has signed long-term lease agreements for 10 ATR 72-600 aircraft with Alliance Air, a wholly owned subsidiary of Air India and the first airline to start operations under the Indian government's Regional Connectivity Scheme (RCS).

The aircraft are scheduled for delivery throughout the rest of this year and will be used to grow Alliance’s network and serve underutilised or unserved Indian airports as part of the RCS focus on improving regional air access. Alliance Air is one of five airlines selected to serve routes under the RCS.

Welcoming Alliance air to its client base, Firoz Tarapore, DAE’s chief executive officer said: “DAE commends India’s government for introducing the Regional Connectivity Scheme which should further promote regional growth and make flying affordable for the masses.

DAE is a leading lessor of the ATR 72-600 with 57 of the aircraft type owned and committed in its fleet.

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