Dubai Aerospace Enterprise (DAE) has cancelled all of its aircraft orders with Airbus, worth $5.8bn, for 45 planes comprising 34 A320s and 11 A350s.
DAE has ordered more than 200 aircraft in 2007, but after the financial crisis set in, the company cancelled several multibillion-dollar deals.
In March 2011, the company cancelled Airbus orders worth $4.7bn, weeks after cancelling an order for 32 Boeing aircraft worth $2bn.
Latest from Aerospace Manufacturing and Design
- Archer to test Starlink onboard its Midnight air taxis
- System eliminates cage-creep in sliding bearings
- Bodo Möller Chemie signs worldwide supply contract with Airbus
- Sandvik Coromant's CoroTurn Plus turning adapter
- ZOLLER Technology Days & Smart Manufacturing Summit May 13-14, 2026 in Ann Arbor, Michigan
- Walter's TC620 Supreme multi-row thread mill family
- ThermOmegaTech achieves CMMC Level 2 C3PAO certification
- One-touch precision flex locators
