Saudia to add four Boeing 777 freighters through new DAE deal

Four new freighters will join Saudia between October 2026 and May 2027

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Nivetha Dayanand, Assistant Business Editor
Saudia to add four Boeing 777 freighters through new DAE deal
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Dubai: Dubai Aerospace Enterprise has signed a purchase and leaseback agreement with Saudia covering four new Boeing 777F aircraft, 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.

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The deal will support Saudia’s expanding cargo operations and increase the aircraft available to serve markets across its international network.

We are pleased to announce a purchase-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 used to transport cargo across international markets, combining high payload capacity with long-haul operating capability.

Deliveries under the agreement will begin in October this year and continue through May 2027.

“These aircraft will support the airline’s expanding cargo operations and enhance its ability to serve key markets across its global network. We look forward to working with Saudia and wish them continued success,” Tarapore said.

DAE fleet crosses 1,000 aircraft

DAE currently owns, manages and has commitments covering more than 1,000 aircraft across its portfolio.

More than 250 of those aircraft are manufactured by Boeing, with the Dubai-based aviation services company planning further fleet expansion to meet market demand.

Nivetha Dayanand
Nivetha DayanandAssistant Business Editor
Nivetha Dayanand is Assistant Business Editor at Gulf News, where she spends her days unpacking money, markets, aviation, and the big shifts shaping life in the Gulf. Before returning to Gulf News, she launched Finance Middle East, complete with a podcast and video series. Her reporting has taken her from breaking spot news to long-form features and high-profile interviews. Nivetha has interviewed Prince Khaled bin Alwaleed Al Saud, Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu, IMF’s Jihad Azour, and a long list of CEOs, regulators, and founders who are reshaping the region’s economy. An Erasmus Mundus journalism alum, Nivetha has shared classrooms and newsrooms with journalists from more than 40 countries, which probably explains her weakness for data, context, and a good follow-up question. When she is away from her keyboard (AFK), you are most likely to find her at the gym with an Eminem playlist, bingeing One Piece, or exploring games on her PS5.

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