DAE announces Q2 2018 strategic and operational highlights

Strategic highlights:

• Delivered first of five Boeing 737 MAX 8 aircraft to GOL
• Delivered first two of five new Boeing 787-9 Dreamliners to Gulf Air
• Announced the sale of 16 aircraft portfolio valued at approximately US$900 million agreed with three counterparties
• Signed a landmark unsecured revolving credit facility with conventional and Islamic tranches of up to US$800 million
• David Houlihan appointed to newly created role of President, DAE Capital

Operational highlights:

• New aircraft purchased: 9
• Leasing transactions completed: 26
• Owned, managed and committed aircraft in fleet: 375
• Customers: 110. Countries: 56
• Portfolio utilization: 99.7%
• Average age of owned fleet: 5.74 years
• Average lease term remaining on owned fleet: 5.72 years

Recognition

• Received two Airfinance Journal awards for Bank Loan Deal of the Year and Operating Lease Deal of the Year

The half-year financial results call will be held on 22 August 2018.

Refer to full documentation in the attachments box below.